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Looking to diversify beyond SRLN? The ETFs below have the lowest correlation with SRLN — 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 SRLN.

Best Diversifiers for SRLN

298 ETFs have low correlation with SRLN (below 0.3), 36 of which are negatively correlated.


See all 1459 diversifiers for SRLN

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SRLN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SRLN and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.24, down from 0.13 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.24-0.000.13
72
Consumer Defensive
Duke Energy Corporation-0.180.030.08
62
Utilities
The Coca-Cola Company-0.160.030.15
74
Consumer Defensive
The Southern Company-0.160.040.11
55
Utilities
PepsiCo, Inc.-0.150.040.13
61
Consumer Defensive
See all 135 low-correlation stocks for SRLN

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Diversification Analysis

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