Looking to diversify beyond SGDM? The ETFs below have the lowest correlation with SGDM — 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 SGDM.
Best Diversifiers for SGDM
439 ETFs have low correlation with SGDM (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.23 | -0.30 | 61 | Leveraged Currency | SGDM vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | SGDM vs IBIC | |
| TCW AAA CLO ETF | -0.11 | — | — | 99 | CLO | SGDM vs ACLO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.06 | — | — | 95 | Inflation-Protected Bonds | SGDM vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.05 | — | — | 98 | Ultrashort Bond | SGDM vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SGDM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGDM and solid risk/return profiles. The least correlated is FLEX LNG Ltd (FLNG) (Energy) with a 1Y correlation of -0.05, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| FLEX LNG Ltd | -0.05 | 0.14 | 0.15 | 84 | Energy | |
| Baker Hughes Company | 0.20 | 0.23 | 0.26 | 83 | Energy | |
| Symbotic Inc | 0.21 | 0.21 | 0.14 | 52 | Industrials | |
| Talen Energy Corporation | 0.25 | 0.22 | 0.22 | 69 | Utilities | |
| Red Cat Holdings, Inc. | 0.25 | 0.11 | 0.11 | 62 | Industrials |
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