Looking to diversify beyond SNPE? The ETFs below have the lowest correlation with SNPE — 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 SNPE.
Best Diversifiers for SNPE
288 ETFs have low correlation with SNPE (below 0.3), 81 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.34 | -0.06 | 0.07 | 66 | Oil & Gas | SNPE vs USO | |
| Invesco DB Energy Fund | -0.32 | -0.06 | 0.09 | 71 | Oil & Gas | SNPE vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.06 | 0.08 | 65 | Oil & Gas | SNPE vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.29 | -0.03 | 0.09 | 56 | Oil & Gas | SNPE vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | -0.07 | -0.07 | 56 | Derivative Income | SNPE vs USOY |
See all 1672 diversifiers for SNPE
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