Looking to diversify beyond SEIX? The ETFs below have the lowest correlation with SEIX — 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 SEIX.
Best Diversifiers for SEIX
529 ETFs have low correlation with SEIX (below 0.3), 37 of which are negatively correlated. The least correlated is Breakwave Tanker Shipping ETF (BWET) (Commodities) with a 1Y correlation of -0.11, roughly unchanged from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.11 | -0.04 | — | 98 | Commodities | SEIX vs BWET | |
| Eaton Vance Ultra-Short Income ETF | -0.10 | — | — | 99 | Ultrashort Bond | SEIX vs EVSB | |
| ProShares UltraShort Yen | -0.08 | -0.03 | -0.01 | 61 | Leveraged Currency | SEIX vs YCS | |
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | 0.01 | -0.00 | 77 | Commodities | SEIX vs ISCMF | |
| Breakwave Dry Bulk Shipping ETF | -0.06 | 0.02 | 0.01 | 73 | Commodities | SEIX vs BDRY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SEIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SEIX and solid risk/return profiles. The least correlated is AGNC Investment Corp (AGNCL) (Real Estate) with a 1Y correlation of 0.01, roughly unchanged from 0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp | 0.01 | 0.06 | — | 73 | Real Estate | |
| LTC Properties, Inc. | 0.02 | 0.12 | 0.11 | 59 | Real Estate | |
| Cohen & Steers Infrastructure Fund, Inc | 0.13 | 0.12 | 0.17 | 69 | Financial Services | |
| AGNC Investment Corp. | 0.21 | 0.23 | 0.22 | 76 | Real Estate | |
| Central Securities Corp. | 0.35 | 0.28 | 0.26 | 81 | Financial Services |
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