Looking to diversify beyond SIOO? The ETFs below have the lowest correlation with SIOO — 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 SIOO.
Best Diversifiers for SIOO
149 ETFs have low correlation with SIOO (below 0.3), 21 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.23 | -0.23 | -0.23 | 50 | Energy Equities | SIOO vs ENFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.20 | -0.20 | -0.20 | 95 | Inflation-Protected Bonds | SIOO vs IBID | |
| Alpha Architect 1-3 Month Box ETF | -0.17 | -0.17 | -0.17 | 100 | Ultrashort Bond | SIOO vs BOXX | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | -0.15 | -0.15 | 99 | Ultrashort Bond | SIOO vs CSHP | |
| FT Energy Income Partners Strategy ETF | -0.15 | -0.15 | -0.15 | 75 | Energy Equities | SIOO vs EIPX |
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