Looking to diversify beyond SSG? The ETFs below have historically moved differently from SSG, 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 SSG
1721 ETFs have low correlation with SSG (below 0.3), 1548 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -1.00, roughly unchanged from -0.99 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -1.00 | -0.99 | -0.99 | 52 | Leveraged Equities, Semiconductors | SSG vs USD | |
| Strive U.S. Semiconductor ETF | -0.93 | -0.93 | — | 84 | Semiconductors, Technology Equities | SSG vs SHOC | |
| Columbia Select Technology ETF | -0.92 | -0.88 | — | 54 | Semiconductors, Technology Equities | SSG vs SEMI | |
| VanEck Semiconductor ETF | -0.92 | -0.94 | -0.96 | 87 | Semiconductors, Technology Equities | SSG vs SMH | |
| iShares Global Tech ETF | -0.91 | -0.89 | -0.90 | 63 | Technology Equities | SSG vs IXN |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SSG, 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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.84, roughly unchanged from -0.91 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.84 | -0.90 | -0.91 | 56 | Technology | |
| Lam Research Corporation | -0.74 | -0.75 | -0.80 | 96 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.73 | -0.74 | -0.75 | 87 | Technology | |
| Applied Materials, Inc. | -0.72 | -0.74 | -0.80 | 95 | Technology | |
| Advanced Micro Devices, Inc. | -0.72 | -0.69 | -0.76 | 94 | Technology |
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