Looking to balance out your exposure to SIEGY? The ETFs below have the lowest correlation with SIEGY — they tend to move on their own, which can help reduce risk when SIEGY drops. The stock ideas table highlights individual companies that behave independently from SIEGY.
Best Diversifiers for SIEGY
3 ETFs have low correlation with SIEGY (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.14, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.14 | -0.01 | -0.00 | 100 | Ultrashort Bond | SIEGY vs SGOV | |
| Pacific Global Senior Loan ETF | 0.24 | 0.22 | 0.21 | 86 | High Yield Bonds | SIEGY vs FLRT | |
| iShares Silver Trust | 0.30 | 0.31 | 0.30 | 51 | Silver, Precious Metals | SIEGY vs SLV | |
| iShares U.S. Pharmaceuticals ETF | 0.31 | 0.29 | 0.33 | 81 | Health & Biotech Equities | SIEGY vs IHE | |
| Spear Alpha ETF | 0.46 | 0.43 | 0.47 | 73 | Technology Equities | SIEGY vs SPRX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SIEGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SIEGY and solid risk/return profiles. The least correlated is BP p.l.c. (BP) (Energy) with a 1Y correlation of -0.18, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP p.l.c. | -0.18 | 0.10 | 0.23 | 89 | Energy | |
| TotalEnergies SE | -0.11 | 0.13 | 0.20 | 91 | Energy | |
| Woodside Energy Group Ltd | -0.10 | 0.16 | 0.22 | 86 | Energy | |
| Shell plc | -0.03 | 0.17 | 0.25 | 81 | Energy | |
| Walmart Inc. | -0.03 | 0.05 | 0.13 | 66 | Consumer Defensive |
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Build a portfolio that complements SIEGY
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