Looking to balance out your exposure to SBGSY? The ETFs below have the lowest correlation with SBGSY — they tend to move on their own, which can help reduce risk when SBGSY drops. The stock ideas table highlights individual companies that behave independently from SBGSY.
Best Diversifiers for SBGSY
0 ETFs have low correlation with SBGSY (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.64, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.64 | 0.58 | 0.61 | 70 | S&P 500 | SBGSY vs SPY | |
| Vanguard S&P 500 ETF | 0.64 | 0.58 | 0.61 | 70 | S&P 500 | SBGSY vs VOO | |
| VanEck Semiconductor ETF | 0.66 | 0.57 | 0.59 | 92 | Semiconductors, Technology Equities | SBGSY vs SMH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SBGSY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SBGSY and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.07, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.07 | -0.05 | 0.07 | 97 | Healthcare | |
| TotalEnergies SE | -0.03 | 0.13 | 0.18 | 80 | Energy | |
| Palo Alto Networks, Inc. | 0.16 | 0.26 | 0.30 | 86 | Technology | |
| Equinix, Inc. | 0.26 | 0.29 | 0.34 | 86 | Real Estate | |
| Banco BBVA Argentina S.A. | 0.32 | 0.31 | 0.29 | 65 | Financial Services |
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