Looking to balance out your exposure to SFD? The ETFs below have the lowest correlation with SFD — they tend to move on their own, which can help reduce risk when SFD drops. The stock ideas table highlights individual companies that behave independently from SFD.
Best Diversifiers for SFD
3 ETFs have low correlation with SFD (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Momentum ETF | 0.00 | — | — | 75 | Momentum, S&P 500 | SFD vs SPMO | |
| State Street SPDR S&P 500 ETF | 0.06 | — | — | 70 | S&P 500 | SFD vs SPY | |
| Amplify CWP Enhanced Dividend Income ETF | 0.26 | — | — | 61 | Derivative Income | SFD vs DIVO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SFD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SFD and solid risk/return profiles. The least correlated is Triton International Ltd (TRTN-PA) (Industrials) with a 1Y correlation of -0.10, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Triton International Ltd | -0.10 | -0.07 | -0.07 | 81 | Industrials | |
| Micron Technology, Inc. | -0.10 | -0.03 | -0.03 | 99 | Technology | |
| Alphabet Inc. Class A | -0.07 | -0.06 | -0.06 | 96 | Communication Services | |
| Broadcom Inc. | -0.07 | — | — | 84 | Technology | |
| Flughafen Zürich AG | -0.05 | — | — | 58 | Industrials |
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