Looking to diversify beyond SBU? The ETFs below have the lowest correlation with SBU — 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 SBU.
Best Diversifiers for SBU
886 ETFs have low correlation with SBU (below 0.3), 44 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.18 | -0.18 | -0.18 | 53 | Oil & Gas | SBU vs DBE | |
| ProShares Short Bitcoin ETF | -0.14 | -0.14 | -0.14 | 57 | Cryptocurrency | SBU vs BITI | |
| Bastion Energy ETF | -0.12 | -0.12 | -0.12 | 87 | Energy Equities | SBU vs BESF | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -0.10 | -0.10 | -0.10 | 87 | Nontraditional Bonds | SBU vs AGZD | |
| Invesco DB Commodity Index Tracking Fund | -0.09 | -0.09 | -0.09 | 54 | Commodities | SBU vs DBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SBU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SBU and solid risk/return profiles. The least correlated is United Parcel Service, Inc. (UPS) (Industrials) with a 1Y correlation of 0.27, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| United Parcel Service, Inc. | 0.27 | 0.27 | 0.27 | 63 | Industrials | |
| PulteGroup, Inc. | 0.36 | 0.36 | 0.36 | 53 | Consumer Cyclical |
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