PortfoliosLab logoPortfoliosLab logo

Looking to balance out your exposure to SPXCY? The ETFs below have historically moved differently from SPXCY, 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 SPXCY

1 ETFs have low correlation with SPXCY (below 0.3), 0 of which are negatively correlated. The least correlated is Amplify CWP Enhanced Dividend Income ETF (DIVO) (Derivative Income) with a 1Y correlation of 0.19, roughly unchanged from 0.27 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Amplify CWP Enhanced Dividend Income ETF0.190.240.27
82
Derivative IncomeSPXCY vs DIVO
iShares MSCI Taiwan ETF0.370.250.27
89
Taiwan Equities, Asia Pacific EquitiesSPXCY vs EWT

Rows per page

1–2 of 2

Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for SPXCY, 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 Valero Energy Corporation (VLO) (Energy) with a 1Y correlation of -0.12, down from 0.05 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Valero Energy Corporation-0.12-0.010.05
98
Energy
Marathon Petroleum Corporation-0.090.010.07
92
Energy
VeriSign, Inc.-0.070.080.16
53
Technology
The Travelers Companies, Inc.-0.060.080.09
94
Financial Services
Enact Holdings, Inc.-0.050.09
86
Financial Services
See all 35 low-correlation stocks for SPXCY

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements SPXCY

Add SPXCY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with SPXCY