Looking to balance out your exposure to SDOT? The ETFs below have the lowest correlation with SDOT — they tend to move on their own, which can help reduce risk when SDOT drops. The stock ideas table highlights individual companies that behave independently from SDOT.
Best Diversifiers for SDOT
1 ETFs have low correlation with SDOT (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.19, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.19 | 0.18 | 0.19 | 73 | Nasdaq-100 | SDOT vs QQQ |
Build a portfolio that complements SDOT
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