Looking to diversify beyond SDP? The ETFs below have the lowest correlation with SDP — 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 SDP.
Best Diversifiers for SDP
1063 ETFs have low correlation with SDP (below 0.3), 1032 of which are negatively correlated. The least correlated is SPDR S&P Global Infrastructure ETF (GII) (Utilities Equities) with a 1Y correlation of -0.69, roughly unchanged from -0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Global Infrastructure ETF | -0.69 | -0.74 | -0.72 | 52 | Utilities Equities | SDP vs GII | |
| First Trust North American Energy Infrastructure F... | -0.68 | -0.73 | -0.71 | 70 | MLPs | SDP vs EMLP | |
| iShares Global Infrastructure ETF | -0.68 | -0.73 | -0.71 | 53 | Industrials Equities | SDP vs IGF | |
| iShares U.S. Infrastructure ETF | -0.59 | -0.62 | -0.64 | 68 | Industrials Equities | SDP vs IFRA | |
| Bny Mellon Global Infrastructure Income ETF | -0.59 | -0.67 | — | 59 | Energy Equities | SDP vs BKGI |
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