Looking to balance out your exposure to SNDR? The ETFs below have the lowest correlation with SNDR — they tend to move on their own, which can help reduce risk when SNDR drops. The stock ideas table highlights individual companies that behave independently from SNDR.
Best Diversifiers for SNDR
0 ETFs have low correlation with SNDR (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.38, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.38 | 0.42 | 0.48 | 70 | S&P 500 | SNDR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SNDR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SNDR and solid risk/return profiles. The least correlated is RXO Inc. (RXO) (Industrials) with a 1Y correlation of 0.65, roughly unchanged from 0.59 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| RXO Inc. | 0.65 | 0.59 | — | 69 | Industrials |
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