Looking to diversify beyond SNOU? The ETFs below have the lowest correlation with SNOU — 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 SNOU.
Best Diversifiers for SNOU
995 ETFs have low correlation with SNOU (below 0.3), 89 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.21, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.21 | -0.18 | -0.18 | 73 | Dividend, Large Cap Value Equities | SNOU vs HDV | |
| VanEck Vectors Morningstar Durable Dividend ETF | -0.16 | -0.13 | -0.13 | 51 | Large Cap Blend Equities, Dividend | SNOU vs DURA | |
| Breakwave Tanker Shipping ETF | -0.13 | — | — | 99 | Commodities | SNOU vs BWET | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.12 | -0.09 | -0.09 | 77 | Large Cap Value Equities, Dividend | SNOU vs FDL | |
| iShares Diversified Commodity Swap UCITS ETF | -0.12 | -0.11 | -0.11 | 84 | Commodities | SNOU vs ISCMF |
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