Looking to balance out your exposure to SF? The ETFs below have the lowest correlation with SF — they tend to move on their own, which can help reduce risk when SF drops. The stock ideas table highlights individual companies that behave independently from SF.
Best Diversifiers for SF
0 ETFs have low correlation with SF (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.57, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.57 | 0.56 | 0.63 | 70 | S&P 500 | SF vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SF and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.54, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.54 | 0.57 | 0.66 | 59 | Financial Services | |
| Morgan Stanley | 0.66 | 0.68 | 0.73 | 89 | Financial Services | |
| Evercore Inc. | 0.73 | 0.73 | 0.74 | 72 | Financial Services | |
| Piper Sandler Companies | 0.74 | 0.72 | 0.73 | 58 | Financial Services |
Build a portfolio that complements SF
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