Looking to balance out your exposure to STT? The ETFs below have the lowest correlation with STT — they tend to move on their own, which can help reduce risk when STT drops. The stock ideas table highlights individual companies that behave independently from STT.
Best Diversifiers for STT
4 ETFs have low correlation with STT (below 0.3), 3 of which are negatively correlated. The least correlated is iShares 0-5 Year TIPS Bond ETF (STIP) (Inflation-Protected Bonds) with a 1Y correlation of -0.08, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-5 Year TIPS Bond ETF | -0.08 | 0.03 | 0.07 | 93 | Inflation-Protected Bonds | STT vs STIP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.06 | -0.08 | -0.03 | 100 | Government Bonds, Ultrashort Bond | STT vs BIL | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | -0.03 | -0.05 | — | 99 | Government Bonds, Ultrashort Bond | STT vs XONE | |
| iShares 1-3 Year Treasury Bond ETF | 0.03 | 0.03 | 0.02 | 79 | Government Bonds, Short-Term Bond | STT vs SHY | |
| Global X Data Center & Digital Infrastructure ETF | 0.33 | 0.37 | 0.41 | 92 | REIT | STT vs DTCR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from STT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to STT and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.15, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.15 | 0.09 | 0.15 | 53 | Utilities | |
| Chevron Corporation | -0.04 | 0.22 | 0.34 | 83 | Energy | |
| Verizon Communications Inc. | -0.03 | 0.12 | 0.20 | 59 | Communication Services | |
| Exxon Mobil Corporation | -0.03 | 0.20 | 0.32 | 85 | Energy | |
| WEC Energy Group, Inc. | -0.02 | 0.15 | 0.18 | 50 | Utilities |
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