Looking to balance out your exposure to SII? The ETFs below have historically moved differently from SII, 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 SII
0 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 0.32, roughly unchanged from 0.30 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Biotech ETF | 0.32 | 0.28 | 0.30 | 93 | Health & Biotech Equities | SII vs XBI | |
| Global X MSCI Greece ETF | 0.35 | 0.27 | 0.29 | 61 | Emerging Markets Equities | SII vs GREK | |
| iShares MSCI South Korea ETF | 0.39 | 0.36 | 0.38 | 88 | South Korea Equities, Asia Pacific Equities | SII vs EWY | |
| iShares MSCI Brazil ETF | 0.44 | 0.33 | 0.31 | 64 | Latin America Equities | SII vs EWZ | |
| Avantis International Small Cap Value ETF | 0.53 | 0.49 | 0.49 | 81 | Foreign Small & Mid Cap Equities | SII vs AVDV |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SII, 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 Cboe Global Markets, Inc. (CBOE) (Financial Services) with a 1Y correlation of -0.09, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.09 | -0.04 | 0.06 | 62 | Financial Services | |
| Exxon Mobil Corporation | -0.07 | 0.08 | 0.18 | 85 | Energy | |
| AbbVie Inc. | -0.03 | 0.04 | 0.05 | 76 | Healthcare | |
| Eli Lilly and Company | 0.01 | 0.03 | 0.08 | 79 | Healthcare | |
| Merck & Co., Inc. | 0.01 | 0.04 | 0.05 | 95 | Healthcare |
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