Looking to balance out your exposure to SOR? The ETFs below have the lowest correlation with SOR — they tend to move on their own, which can help reduce risk when SOR drops. The stock ideas table highlights individual companies that behave independently from SOR.
Best Diversifiers for SOR
0 ETFs have low correlation with SOR (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.38, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.38 | 0.42 | 0.55 | 70 | S&P 500 | SOR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SOR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SOR and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.25, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.25 | 0.26 | 0.35 | 78 | Financial Services | |
| Central Securities Corp. | 0.32 | 0.41 | 0.53 | 82 | Financial Services | |
| Tri-Continental Corporation | 0.33 | 0.45 | 0.55 | 92 | Financial Services |
Build a portfolio that complements SOR
Add SOR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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