Looking to balance out your exposure to SBFM? The ETFs below have historically moved differently from SBFM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SBFM
2 ETFs have low correlation with SBFM (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.26, roughly unchanged from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.26 | 0.22 | 0.19 | 68 | S&P 500 | SBFM vs VOO | |
| Vanguard Total Stock Market ETF | 0.28 | 0.23 | 0.20 | 67 | Large Cap Blend Equities | SBFM vs VTI |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SBFM, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.02, roughly unchanged from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.02 | -0.05 | -0.01 | 90 | Consumer Defensive | |
| Johnson & Johnson | 0.02 | -0.03 | 0.02 | 97 | Healthcare | |
| Berkshire Hathaway Inc. | 0.08 | 0.12 | 0.12 | 61 | Financial Services | |
| NVIDIA Corporation | 0.12 | 0.12 | 0.11 | 56 | Technology | |
| Apple Inc | 0.16 | 0.14 | 0.13 | 89 | Technology |
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