Looking to balance out your exposure to SONY? The ETFs below have historically moved differently from SONY, 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 SONY
197 ETFs have low correlation with SONY (below 0.3), 9 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, roughly unchanged from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.20 | -0.17 | -0.15 | 56 | Leveraged Currency | SONY vs YCS | |
| United States Oil Fund LP | -0.12 | -0.07 | 0.03 | 55 | Oil & Gas | SONY vs USO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.08 | -0.02 | 0.07 | 72 | Commodities | SONY vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.07 | -0.02 | 0.08 | 71 | Commodities | SONY vs DBC | |
| Alpha Architect 1-3 Month Box ETF | -0.03 | 0.02 | — | 100 | Ultrashort Bond | SONY vs BOXX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SONY, 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 Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of -0.07, down from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | -0.07 | 0.07 | 0.11 | 85 | Energy | |
| Altria Group, Inc. | -0.04 | 0.06 | 0.08 | 66 | Consumer Defensive | |
| Saipem SpA ADR | -0.03 | 0.00 | 0.02 | 82 | Energy | |
| ConocoPhillips Company | -0.03 | 0.04 | 0.13 | 72 | Energy | |
| Nebius Group N.V. | -0.02 | 0.05 | 0.05 | 92 | Communication Services |
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