Looking to diversify beyond SSG? The ETFs below have the lowest correlation with SSG — 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 SSG.
Best Diversifiers for SSG
1572 ETFs have low correlation with SSG (below 0.3), 1492 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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -1.00 | -0.99 | -0.99 | 89 | Leveraged Equities, Semiconductors | SSG vs USD | |
| Strive U.S. Semiconductor ETF | -0.92 | -0.93 | — | 95 | Semiconductors, Technology Equities | SSG vs SHOC | |
| Columbia Select Technology ETF | -0.90 | -0.88 | — | 81 | Semiconductors, Technology Equities | SSG vs SEMI | |
| VanEck Semiconductor ETF | -0.89 | -0.93 | -0.95 | 96 | Semiconductors, Technology Equities | SSG vs SMH | |
| iShares Global Tech ETF | -0.89 | -0.88 | -0.90 | 85 | Technology Equities | SSG vs IXN |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SSG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSG and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.87, roughly unchanged from -0.92 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.87 | -0.91 | -0.92 | 76 | Technology | |
| Broadcom Inc. | -0.76 | -0.79 | -0.80 | 75 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.71 | -0.74 | -0.75 | 95 | Technology | |
| Lam Research Corporation | -0.69 | -0.74 | -0.79 | 99 | Technology | |
| Applied Materials, Inc. | -0.67 | -0.73 | -0.80 | 98 | Technology |
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Build a portfolio that complements SSG
Add SSG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SSG