Looking to balance out your exposure to SSNC? The ETFs below have the lowest correlation with SSNC — they tend to move on their own, which can help reduce risk when SSNC drops. The stock ideas table highlights individual companies that behave independently from SSNC.
Best Diversifiers for SSNC
2 ETFs have low correlation with SSNC (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.24, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.24 | 0.46 | 0.60 | 66 | S&P 500 | SSNC vs VOO | |
| State Street SPDR S&P 500 ETF | 0.24 | 0.46 | 0.60 | 65 | S&P 500 | SSNC vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SSNC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSNC and solid risk/return profiles. The least correlated is Atmos Energy Corporation (ATO) (Utilities) with a 1Y correlation of 0.09, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Atmos Energy Corporation | 0.09 | 0.30 | 0.31 | 73 | Utilities | |
| Huntington Ingalls Industries, Inc | 0.21 | 0.31 | 0.31 | 50 | Industrials | |
| Regeneron Pharmaceuticals, Inc. | 0.21 | 0.24 | 0.28 | 66 | Healthcare | |
| Hasbro, Inc. | 0.22 | 0.36 | 0.43 | 56 | Consumer Cyclical | |
| UnitedHealth Group Incorporated | 0.22 | 0.18 | 0.25 | 77 | Healthcare |
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