Looking to balance out your exposure to SRTS? The ETFs below have the lowest correlation with SRTS — they tend to move on their own, which can help reduce risk when SRTS drops. The stock ideas table highlights individual companies that behave independently from SRTS.
Best Diversifiers for SRTS
2 ETFs have low correlation with SRTS (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-1 Year Treasury Bond ETF (SHV) (Government Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-1 Year Treasury Bond ETF | -0.07 | -0.06 | -0.06 | 100 | Government Bonds, Ultrashort Bond | SRTS vs SHV | |
| iShares Silver Trust | 0.14 | 0.12 | 0.08 | 51 | Silver, Precious Metals | SRTS vs SLV | |
| Invesco S&P 500 Momentum ETF | 0.31 | 0.24 | 0.28 | 75 | Momentum, S&P 500 | SRTS vs SPMO | |
| Capital Group Dividend Value ETF | 0.33 | 0.25 | — | 80 | Large Cap Value Equities, Dividend | SRTS vs CGDV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SRTS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SRTS and solid risk/return profiles. The least correlated is Target Corporation (TGT) (Consumer Defensive) with a 1Y correlation of 0.08, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Target Corporation | 0.08 | 0.11 | 0.16 | 73 | Consumer Defensive | |
| Oracle Corporation | 0.09 | 0.14 | 0.16 | 61 | Technology | |
| Eli Lilly and Company | 0.10 | 0.06 | 0.05 | 75 | Healthcare | |
| Enterprise Products Partners L.P. | 0.11 | 0.14 | 0.17 | 88 | Energy | |
| NVIDIA Corporation | 0.14 | 0.17 | 0.23 | 80 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SRTS
Add SRTS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SRTS