Looking to balance out your exposure to SBGSY? The ETFs below have historically moved differently from SBGSY, 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 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.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.64 | 0.60 | 0.61 | 71 | S&P 500 | SBGSY vs SPY | |
| Vanguard S&P 500 ETF | 0.64 | 0.59 | 0.61 | 72 | S&P 500 | SBGSY vs VOO | |
| VanEck Semiconductor ETF | 0.67 | 0.58 | 0.59 | 87 | Semiconductors, Technology Equities | SBGSY vs SMH |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SBGSY, 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 Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.09, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.09 | -0.06 | 0.06 | 96 | Healthcare | |
| TotalEnergies SE | -0.02 | 0.14 | 0.17 | 86 | Energy | |
| Palo Alto Networks, Inc. | 0.17 | 0.27 | 0.30 | 91 | Technology | |
| Equinix, Inc. | 0.27 | 0.32 | 0.37 | 85 | Real Estate | |
| Banco BBVA Argentina S.A. | 0.33 | 0.31 | 0.29 | 51 | Financial Services |
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