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
317 ETFs have low correlation with SFY (below 0.3), 65 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 65 | Inverse Equities, Leveraged Equities | SFY vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.47 | -0.37 | -0.39 | 53 | Cryptocurrency | SFY vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.46 | — | — | 70 | Derivative Income | SFY vs WNTR | |
| Invesco DB Energy Fund | -0.23 | -0.04 | 0.09 | 57 | Oil & Gas | SFY vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | -0.06 | -0.06 | 98 | Inflation-Protected Bonds | SFY vs IBIC |
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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 -0.29, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.29 | -0.05 | 0.13 | 82 | Consumer Defensive | |
| Altria Group, Inc. | -0.26 | -0.07 | 0.07 | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.25 | -0.08 | 0.04 | 65 | Utilities | |
| Chubb Limited | -0.22 | -0.01 | 0.17 | 83 | Financial Services | |
| The Southern Company | -0.20 | -0.06 | 0.08 | 58 | Utilities |
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