Looking to balance out your exposure to SENS? The ETFs below have the lowest correlation with SENS — they tend to move on their own, which can help reduce risk when SENS drops. The stock ideas table highlights individual companies that behave independently from SENS.
Best Diversifiers for SENS
1 ETFs have low correlation with SENS (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.28, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.28 | 0.23 | 0.29 | 80 | Dividend | SENS vs SCHD | |
| Vanguard S&P 500 ETF | 0.40 | 0.37 | 0.42 | 70 | S&P 500 | SENS vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SENS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SENS and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.14 | -0.02 | 0.04 | 66 | Consumer Defensive | |
| Warner Bros. Discovery, Inc. | 0.18 | 0.17 | 0.27 | 97 | Communication Services | |
| Ouster, Inc. | 0.41 | 0.31 | 0.36 | 86 | Technology |
Build a portfolio that complements SENS
Add SENS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SENS