Looking to diversify beyond SFY? The ETFs below have the lowest correlation with SFY — 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 SFY.
Best Diversifiers for SFY
249 ETFs have low correlation with SFY (below 0.3), 31 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.48, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.48 | -0.49 | -0.49 | 51 | Derivative Income | SFY vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | SFY vs IBIC | |
| United States Gasoline Fund LP | -0.21 | -0.03 | 0.08 | 60 | Oil & Gas | SFY vs UGA | |
| ProShares UltraShort Yen | -0.16 | -0.01 | -0.01 | 73 | Leveraged Currency | SFY vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | SFY vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SFY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SFY and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.23, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.23 | -0.03 | 0.14 | 74 | Consumer Defensive | |
| Altria Group, Inc. | -0.23 | -0.05 | 0.07 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.21 | -0.07 | 0.04 | 64 | Utilities | |
| Exxon Mobil Corporation | -0.20 | 0.03 | 0.16 | 74 | Energy | |
| PepsiCo, Inc. | -0.18 | 0.01 | 0.16 | 59 | Consumer Defensive |
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