Looking to balance out your exposure to SOFI? The ETFs below have the lowest correlation with SOFI — they tend to move on their own, which can help reduce risk when SOFI drops. The stock ideas table highlights individual companies that behave independently from SOFI.
Best Diversifiers for SOFI
83 ETFs have low correlation with SOFI (below 0.3), 18 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.10, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.10 | 0.01 | 0.05 | 66 | Oil & Gas | SOFI vs USO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.07 | -0.01 | 100 | Government Bonds, Ultrashort Bond | SOFI vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.07 | -0.01 | -0.01 | 100 | Ultrashort Bond | SOFI vs VBIL | |
| SGI Enhanced Core ETF | -0.07 | -0.02 | -0.02 | 94 | Intermediate Core Bond | SOFI vs USDX | |
| ProShares Ultra Bloomberg Crude Oil | -0.06 | 0.05 | 0.07 | 54 | Leveraged Commodities | SOFI vs UCO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SOFI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SOFI and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.22, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.22 | -0.05 | 0.00 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.18 | -0.04 | -0.02 | 53 | Utilities | |
| Johnson & Johnson | -0.18 | -0.04 | -0.02 | 92 | Healthcare | |
| Chubb Limited | -0.14 | -0.01 | 0.04 | 51 | Financial Services | |
| Walmart Inc. | -0.14 | 0.09 | 0.11 | 63 | Consumer Defensive |
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Build a portfolio that complements SOFI
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