Looking to balance out your exposure to SITE? The ETFs below have the lowest correlation with SITE — they tend to move on their own, which can help reduce risk when SITE drops. The stock ideas table highlights individual companies that behave independently from SITE.
Best Diversifiers for SITE
0 ETFs have low correlation with SITE (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.36, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.36 | 0.48 | 0.57 | 70 | S&P 500 | SITE vs VOO | |
| State Street SPDR S&P 500 ETF | 0.36 | 0.48 | 0.57 | 70 | S&P 500 | SITE vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SITE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SITE and solid risk/return profiles. The least correlated is UnitedHealth Group Incorporated (UNH) (Healthcare) with a 1Y correlation of 0.18, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UnitedHealth Group Incorporated | 0.18 | 0.11 | 0.15 | 61 | Healthcare | |
| Camtek Ltd | 0.18 | 0.24 | 0.36 | 90 | Technology | |
| Sterling Construction Company, Inc. | 0.24 | 0.35 | 0.41 | 97 | Industrials |
Build a portfolio that complements SITE
Add SITE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SITE