Looking to balance out your exposure to ST? The ETFs below have the lowest correlation with ST — they tend to move on their own, which can help reduce risk when ST drops. The stock ideas table highlights individual companies that behave independently from ST.
Best Diversifiers for ST
0 ETFs have low correlation with ST (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.47, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.47 | 0.53 | 0.62 | 85 | Dividend | ST vs SCHD | |
| Fundstrat Granny Shots U.S. Large Cap ETF | 0.55 | — | — | 51 | Large Cap Blend Equities | ST vs GRNY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ST and solid risk/return profiles. The least correlated is CVR Partners, LP (UAN) (Basic Materials) with a 1Y correlation of -0.12, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CVR Partners, LP | -0.12 | 0.11 | 0.20 | 84 | Basic Materials | |
| Quest Diagnostics Incorporated | 0.07 | 0.16 | 0.20 | 62 | Healthcare | |
| UL Solutions Inc | 0.26 | 0.26 | 0.26 | 70 | Industrials | |
| NVIDIA Corporation | 0.27 | 0.25 | 0.40 | 80 | Technology | |
| Innodata Inc. | 0.28 | 0.29 | 0.33 | 81 | Technology |
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