Looking to diversify beyond SFY? The ETFs below have historically moved differently from SFY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SFY
377 ETFs have low correlation with SFY (below 0.3), 86 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.50, down from -0.37 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.50 | -0.37 | — | 51 | Cryptocurrency | SFY vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.48 | -0.49 | -0.49 | 69 | Derivative Income | SFY vs WNTR | |
| YieldMax XOM Option Income Strategy ETF | -0.24 | 0.00 | 0.00 | 52 | Derivative Income, Dividend | SFY vs XOMO | |
| Invesco DB Energy Fund | -0.23 | -0.06 | 0.08 | 66 | Oil & Gas | SFY vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | -0.06 | -0.06 | 98 | Inflation-Protected Bonds | SFY vs IBIC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SFY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.32, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.32 | -0.07 | 0.12 | 87 | Consumer Defensive | |
| Altria Group, Inc. | -0.29 | -0.08 | 0.05 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.29 | -0.10 | 0.03 | 52 | Utilities | |
| Chubb Limited | -0.25 | -0.02 | 0.16 | 87 | Financial Services | |
| Colgate-Palmolive Company | -0.24 | -0.07 | 0.06 | 57 | Consumer Defensive |
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