Looking to diversify beyond SRET? The ETFs below have the lowest correlation with SRET — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SRET.
Best Diversifiers for SRET
479 ETFs have low correlation with SRET (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.25 | -0.19 | 61 | Leveraged Currency | SRET vs YCS | |
| United States Brent Oil Fund LP | -0.28 | -0.08 | 0.07 | 65 | Oil & Gas | SRET vs BNO | |
| United States Oil Fund LP | -0.28 | -0.08 | 0.07 | 66 | Oil & Gas | SRET vs USO | |
| Invesco DB Energy Fund | -0.28 | -0.09 | 0.08 | 71 | Oil & Gas | SRET vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | SRET vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SRET, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SRET and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.07, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.07 | 0.11 | 0.28 | 78 | Technology | |
| Raytheon Technologies Corporation | 0.18 | 0.23 | 0.35 | 70 | Industrials | |
| CRISPR Therapeutics AG | 0.26 | 0.33 | 0.36 | 58 | Healthcare | |
| Pfizer Inc. | 0.36 | 0.38 | 0.31 | 61 | Healthcare | |
| Annaly Capital Management, Inc. | 0.72 | 0.71 | 0.71 | 76 | Real Estate |
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