Looking to balance out your exposure to SSTK? The ETFs below have the lowest correlation with SSTK — they tend to move on their own, which can help reduce risk when SSTK drops. The stock ideas table highlights individual companies that behave independently from SSTK.
Best Diversifiers for SSTK
0 ETFs have low correlation with SSTK (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 0.38, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.38 | 0.41 | 0.48 | 70 | S&P 500 | SSTK vs VOO | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.41 | 0.48 | 70 | S&P 500 | SSTK vs SPY | |
| iShares MSCI USA Quality Factor ETF | 0.43 | 0.42 | 0.49 | 53 | Large Cap Blend Equities | SSTK vs QUAL |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SSTK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSTK and solid risk/return profiles. The least correlated is Warrior Met Coal, Inc. (HCC) (Basic Materials) with a 1Y correlation of 0.03, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Warrior Met Coal, Inc. | 0.03 | 0.11 | 0.13 | 90 | Basic Materials | |
| Tenaris S.A. | 0.09 | 0.20 | 0.19 | 94 | Energy | |
| Teekay Tankers Ltd. | 0.10 | 0.08 | 0.11 | 82 | Energy | |
| Edison International | 0.16 | 0.18 | 0.18 | 77 | Utilities | |
| Zymeworks Inc. | 0.22 | 0.24 | 0.23 | 88 | Healthcare |
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