Looking to diversify beyond SNXX? The ETFs below have historically moved differently from SNXX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SNXX
749 ETFs have low correlation with SNXX (below 0.3), 169 of which are negatively correlated. The least correlated is Global X Adaptive U.S. Factor ETF (AUSF) (Mid Cap Value Equities) with a 1Y correlation of -0.19, roughly unchanged from -0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Adaptive U.S. Factor ETF | -0.19 | -0.19 | -0.19 | 80 | Mid Cap Value Equities, Multi-factor | SNXX vs AUSF | |
| Invesco S&P 500 High Dividend Growers ETF | -0.19 | -0.19 | -0.19 | 91 | S&P 500, Dividend | SNXX vs DIVG | |
| Alpha Architect Tail Risk ETF | -0.17 | -0.17 | -0.17 | 56 | Options Trading | SNXX vs CAOS | |
| iShares Cohen & Steers REIT ETF | -0.17 | -0.17 | -0.17 | 54 | REIT | SNXX vs ICF | |
| Schwab US REIT ETF | -0.17 | -0.17 | -0.17 | 63 | REIT | SNXX vs SCHH |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SNXX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Goldman Sachs Group, Inc. (GS) (Financial Services) with a 1Y correlation of 0.22, roughly unchanged from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Goldman Sachs Group, Inc. | 0.22 | 0.22 | 0.22 | 81 | Financial Services | |
| Aura Minerals Inc. Common Shares | 0.33 | 0.33 | 0.33 | 85 | Basic Materials | |
| Powell Industries, Inc. | 0.49 | 0.49 | 0.49 | 93 | Industrials | |
| Comfort Systems USA, Inc. | 0.50 | 0.50 | 0.50 | 95 | Industrials | |
| Ciena Corporation | 0.51 | 0.51 | 0.51 | 97 | Technology |
Build a portfolio that complements SNXX
Add SNXX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SNXX