Looking to diversify beyond SDY? The ETFs below have the lowest correlation with SDY — 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 SDY.
Best Diversifiers for SDY
506 ETFs have low correlation with SDY (below 0.3), 20 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.16 | -0.10 | 63 | Leveraged Currency | SDY vs YCS | |
| United States Gasoline Fund LP | -0.16 | -0.04 | 0.09 | 55 | Oil & Gas | SDY vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | -0.00 | -0.02 | 100 | Government Bonds, Ultrashort Bond | SDY vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.06 | — | — | 98 | Inflation-Protected Bonds | SDY vs IBIC | |
| BlackRock Floating Rate Loan ETF | -0.06 | 0.12 | — | 50 | Bank Loan | SDY vs BRLN |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SDY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SDY and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.12, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.12 | 0.03 | 0.22 | 72 | Technology | |
| Credo Technology Group Holding Ltd | -0.11 | 0.05 | 0.17 | 88 | Technology | |
| CrowdStrike Holdings, Inc. | -0.06 | 0.09 | 0.17 | 65 | Technology | |
| Broadcom Inc. | -0.05 | 0.11 | 0.26 | 72 | Technology | |
| AppLovin Corporation | -0.03 | 0.08 | 0.19 | 60 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SDY
Add SDY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SDY