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Looking to diversify beyond SSO? The ETFs below have the lowest correlation with SSO — 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 SSO.

Best Diversifiers for SSO

206 ETFs have low correlation with SSO (below 0.3), 31 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.08 over 5 years.


See all 1467 diversifiers for SSO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SSO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSO and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, down from 0.13 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.200.010.13
72
Consumer Defensive
Exxon Mobil Corporation-0.180.050.19
72
Energy
The Coca-Cola Company-0.170.040.22
74
Consumer Defensive
Duke Energy Corporation-0.140.000.12
62
Utilities
Chevron Corporation-0.140.080.21
70
Energy
See all 135 low-correlation stocks for SSO

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Diversification Analysis

Build a portfolio that complements SSO

Add SSO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with SSO