Looking to balance out your exposure to SII? The ETFs below have the lowest correlation with SII — they tend to move on their own, which can help reduce risk when SII drops. The stock ideas table highlights individual companies that behave independently from SII.
Best Diversifiers for SII
1 ETFs have low correlation with SII (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P Biotech ETF (XBI) (Health & Biotech Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Biotech ETF | 0.27 | 0.28 | 0.29 | 74 | Health & Biotech Equities | SII vs XBI | |
| iShares MSCI South Korea ETF | 0.39 | 0.37 | 0.39 | 96 | Asia Pacific Equities | SII vs EWY | |
| Avantis International Small Cap Value ETF | 0.43 | 0.48 | 0.48 | 78 | Foreign Small & Mid Cap Equities | SII vs AVDV | |
| Relative Sentiment Tactical Allocation ETF | 0.55 | 0.53 | — | 72 | Tactical Allocation | SII vs MOOD | |
| Sprott Energy Transition Materials ETF | 0.62 | 0.60 | — | 82 | Energy Equities | SII vs SETM |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SII, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SII and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.06, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.06 | 0.11 | 0.21 | 85 | Energy | |
| AbbVie Inc. | -0.03 | 0.04 | 0.05 | 62 | Healthcare | |
| Cboe Global Markets, Inc. | -0.02 | -0.01 | 0.09 | 68 | Financial Services | |
| Liberty Oilfield Services Inc. | -0.01 | 0.17 | 0.22 | 91 | Energy | |
| Merck & Co., Inc. | 0.02 | 0.06 | 0.05 | 87 | Healthcare |
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