Looking to balance out your exposure to STRL? The ETFs below have historically moved differently from STRL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for STRL
89 ETFs have low correlation with STRL (below 0.3), 26 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.16, down from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.16 | -0.07 | -0.02 | 100 | Ultrashort Bond | STRL vs SGOV | |
| United States Oil Fund LP | -0.15 | -0.05 | 0.04 | 55 | Oil & Gas | STRL vs USO | |
| Vanguard Ultra-Short Treasury ETF | -0.13 | — | — | 100 | Ultrashort Bond, Government Bonds | STRL vs VGUS | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.06 | -0.02 | 100 | Government Bonds, Ultrashort Bond | STRL vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.06 | -0.01 | 100 | Government Bonds, Ultrashort Bond | STRL vs BIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for STRL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Consolidated Edison, Inc. (ED) (Utilities) with a 1Y correlation of -0.30, down from -0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Consolidated Edison, Inc. | -0.30 | -0.14 | -0.05 | 59 | Utilities | |
| The Coca-Cola Company | -0.29 | -0.13 | 0.01 | 90 | Consumer Defensive | |
| Arch Capital Group Ltd. | -0.26 | -0.04 | 0.13 | 67 | Financial Services | |
| The Allstate Corporation | -0.25 | -0.00 | 0.13 | 82 | Financial Services | |
| Colgate-Palmolive Company | -0.24 | -0.13 | -0.02 | 59 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements STRL
Add STRL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with STRL