Looking to balance out your exposure to SBSW? The ETFs below have the lowest correlation with SBSW — they tend to move on their own, which can help reduce risk when SBSW drops. The stock ideas table highlights individual companies that behave independently from SBSW.
Best Diversifiers for SBSW
3 ETFs have low correlation with SBSW (below 0.3), 1 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.06, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.06 | 0.12 | 0.23 | 70 | Energy Equities | SBSW vs XLE | |
| Schwab U.S. Dividend Equity ETF | 0.12 | 0.22 | 0.29 | 85 | Dividend | SBSW vs SCHD | |
| WisdomTree Japan Hedged Equity Fund | 0.27 | 0.24 | 0.23 | 90 | Japan Equities | SBSW vs DXJ | |
| iShares MSCI Japan Value ETF | 0.31 | 0.31 | 0.32 | 55 | Japan Equities | SBSW vs EWJV | |
| iShares MSCI Japan ETF | 0.33 | 0.34 | 0.36 | 51 | Japan Equities | SBSW vs EWJ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SBSW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SBSW and solid risk/return profiles. The least correlated is YPF Sociedad Anónima (YPF) (Energy) with a 1Y correlation of -0.14, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| YPF Sociedad Anónima | -0.14 | 0.10 | 0.17 | 75 | Energy | |
| Coterra Energy Inc. | -0.11 | 0.08 | 0.16 | 80 | Energy | |
| Exxon Mobil Corporation | -0.08 | 0.09 | 0.19 | 86 | Energy | |
| PepsiCo, Inc. | -0.04 | 0.02 | 0.08 | 57 | Consumer Defensive | |
| Mitsui Engineering & Shipbuilding Co Ltd ADR | -0.03 | -0.06 | -0.02 | 87 | Industrials |
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