Looking to balance out your exposure to SDEV? The ETFs below have the lowest correlation with SDEV — they tend to move on their own, which can help reduce risk when SDEV drops. The stock ideas table highlights individual companies that behave independently from SDEV.
Best Diversifiers for SDEV
1 ETFs have low correlation with SDEV (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree International Al Enhanced Value Fund (AIVI) (Foreign Large Cap Equities) with a 1Y correlation of 0.07, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree International Al Enhanced Value Fund | 0.07 | 0.09 | 0.10 | 54 | Foreign Large Cap Equities | SDEV vs AIVI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SDEV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SDEV and solid risk/return profiles. The least correlated is AXIA Energia SA (AXIA) (Utilities) with a 1Y correlation of -0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AXIA Energia SA | -0.04 | 0.00 | 0.03 | 90 | Utilities | |
| Bloom Energy Corporation | -0.03 | 0.09 | 0.15 | 99 | Industrials | |
| Ascendis Pharma A/S | -0.02 | 0.01 | 0.07 | 71 | Healthcare | |
| Endesa SA ADR | 0.00 | 0.02 | 0.00 | 86 | Utilities | |
| Novartis AG | 0.02 | -0.02 | -0.01 | 81 | Healthcare |
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