Looking to balance out your exposure to STRC? The ETFs below have the lowest correlation with STRC — they tend to move on their own, which can help reduce risk when STRC drops. The stock ideas table highlights individual companies that behave independently from STRC.
Best Diversifiers for STRC
156 ETFs have low correlation with STRC (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Ultra Short Duration Bond Active ETF (ICSH) (Ultrashort Bond) with a 1Y correlation of 0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Ultra Short Duration Bond Active ETF | 0.01 | 0.01 | 0.01 | 99 | Ultrashort Bond | STRC vs ICSH | |
| iShares 0-5 Year TIPS Bond ETF | 0.04 | 0.04 | 0.04 | 93 | Inflation-Protected Bonds | STRC vs STIP | |
| Vanguard Short-Term Bond Index Fund ETF Shares | 0.05 | 0.05 | 0.05 | 61 | Short-Term Bond | STRC vs BSV | |
| iShares Investment Grade Corporate Bond Buywrite S... | 0.05 | 0.05 | 0.05 | 59 | Corporate Bonds | STRC vs LQDW | |
| Westwood Salient Enhanced Midstream Income ETF | 0.06 | 0.06 | 0.06 | 53 | Energy Equities | STRC vs MDST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from STRC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to STRC and solid risk/return profiles. The least correlated is PepsiCo, Inc. (PEP) (Consumer Defensive) with a 1Y correlation of -0.20, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| PepsiCo, Inc. | -0.20 | -0.20 | -0.20 | 57 | Consumer Defensive | |
| The Coca-Cola Company | -0.13 | -0.13 | -0.13 | 62 | Consumer Defensive | |
| Walmart Inc. | -0.11 | -0.11 | -0.11 | 66 | Consumer Defensive | |
| CVS Health Corporation | -0.07 | -0.07 | -0.07 | 83 | Healthcare | |
| Verizon Communications Inc. | -0.07 | -0.07 | -0.07 | 56 | Communication Services |
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