Looking to balance out your exposure to SPFI? The ETFs below have the lowest correlation with SPFI — they tend to move on their own, which can help reduce risk when SPFI drops. The stock ideas table highlights individual companies that behave independently from SPFI.
No Diversifiers Found for SPFI
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPFI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPFI and solid risk/return profiles. The least correlated is Enova International, Inc. (ENVA) (Financial Services) with a 1Y correlation of 0.48, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enova International, Inc. | 0.48 | 0.53 | 0.52 | 82 | Financial Services |
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