Looking to balance out your exposure to STG? The ETFs below have the lowest correlation with STG — they tend to move on their own, which can help reduce risk when STG drops. The stock ideas table highlights individual companies that behave independently from STG.
Best Diversifiers for STG
4 ETFs have low correlation with STG (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 0.02, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.02 | 0.03 | 0.03 | 80 | Dividend | STG vs SCHD | |
| Vanguard Value ETF | 0.06 | 0.05 | 0.05 | 79 | Large Cap Value Equities | STG vs VTV | |
| Vanguard Dividend Appreciation ETF | 0.09 | 0.08 | 0.06 | 56 | Dividend | STG vs VIG | |
| Vanguard Total World Stock ETF | 0.09 | 0.07 | 0.07 | 67 | Global Equities | STG vs VT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from STG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to STG and solid risk/return profiles. The least correlated is SSR Mining Inc. (SSRM) (Basic Materials) with a 1Y correlation of 0.12, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| SSR Mining Inc. | 0.12 | 0.05 | 0.06 | 86 | Basic Materials |
Build a portfolio that complements STG
Add STG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with STG