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 Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.63, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.63 | 0.58 | 0.61 | 74 | S&P 500 | SBGSY vs VOO | |
| State Street SPDR S&P 500 ETF | 0.63 | 0.58 | 0.61 | 74 | S&P 500 | SBGSY vs SPY | |
| VanEck Semiconductor ETF | 0.65 | 0.56 | 0.58 | 96 | 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 TotalEnergies SE (TTE) (Energy) with a 1Y correlation of -0.04, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TotalEnergies SE | -0.04 | 0.14 | 0.19 | 91 | Energy | |
| Palo Alto Networks, Inc. | 0.13 | 0.25 | 0.29 | 69 | Technology | |
| Equinix, Inc. | 0.31 | 0.32 | 0.37 | 64 | Real Estate | |
| Harmonic Inc. | 0.33 | 0.31 | 0.34 | 77 | Technology | |
| Arista Networks, Inc. | 0.39 | 0.41 | 0.44 | 77 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SBGSY
Add SBGSY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SBGSY