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
367 ETFs have low correlation with SRLN (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.31 | -0.33 | 57 | Cryptocurrency | SRLN vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SRLN vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | -0.35 | -0.35 | 68 | Inverse Equities, Leveraged Equities | SRLN vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 70 | Derivative Income | SRLN vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.27 | -0.22 | -0.28 | 51 | Currency | SRLN vs UUP |
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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 -0.25, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.25 | -0.02 | 0.12 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.20 | 0.03 | 0.08 | 66 | Utilities | |
| The Southern Company | -0.19 | 0.04 | 0.10 | 58 | Utilities | |
| Chubb Limited | -0.17 | 0.02 | 0.17 | 86 | Financial Services | |
| The Coca-Cola Company | -0.17 | 0.02 | 0.14 | 83 | Consumer Defensive |
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