Looking to diversify beyond SBIO? The ETFs below have the lowest correlation with SBIO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SBIO.
Best Diversifiers for SBIO
460 ETFs have low correlation with SBIO (below 0.3), 58 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.25, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.25 | -0.29 | -0.29 | 60 | Inverse Equities, Leveraged Equities | SBIO vs MSTZ | |
| United States Gasoline Fund LP | -0.24 | -0.11 | -0.01 | 72 | Oil & Gas | SBIO vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.23 | -0.28 | -0.28 | 65 | Derivative Income | SBIO vs WNTR | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.21 | -0.07 | 0.02 | 51 | Commodities | SBIO vs PDBC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.21 | -0.21 | 97 | Inflation-Protected Bonds | SBIO vs RBIL |
See all 1561 diversifiers for SBIO
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Diversification Analysis
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