Looking to balance out your exposure to STRD? The ETFs below have the lowest correlation with STRD — they tend to move on their own, which can help reduce risk when STRD drops. The stock ideas table highlights individual companies that behave independently from STRD.
No Diversifiers Found for STRD
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from STRD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to STRD and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -1.00 | -1.00 | -1.00 | 76 | Technology | |
| Credo Technology Group Holding Ltd | -1.00 | -1.00 | -1.00 | 85 | Technology | |
| Robinhood Markets, Inc. | -1.00 | -1.00 | -1.00 | 52 | Financial Services | |
| IonQ, Inc. | -0.89 | -0.89 | -0.89 | 64 | Technology | |
| SoFi Technologies, Inc. | -0.50 | -0.50 | -0.50 | 55 | Financial Services |
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