Looking to balance out your exposure to STT? The ETFs below have historically moved differently from STT, 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 STT
5 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 -0.10, down from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-5 Year TIPS Bond ETF | -0.10 | 0.02 | 0.07 | 93 | Inflation-Protected Bonds | STT vs STIP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.10 | -0.04 | 100 | Government Bonds, Ultrashort Bond | STT vs BIL | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | -0.01 | -0.05 | — | 99 | Government Bonds, Ultrashort Bond | STT vs XONE | |
| iShares 1-3 Year Treasury Bond ETF | 0.02 | 0.03 | 0.02 | 90 | Government Bonds, Short-Term Bond | STT vs SHY | |
| Schwab U.S. Dividend Equity ETF | 0.27 | 0.51 | 0.64 | 95 | Dividend | STT vs SCHD |
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 STT, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.21, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.21 | 0.04 | 0.18 | 90 | Consumer Defensive | |
| Altria Group, Inc. | -0.17 | 0.06 | 0.17 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.14 | 0.08 | 0.13 | 56 | Utilities | |
| Cboe Global Markets, Inc. | -0.12 | -0.05 | 0.09 | 69 | Financial Services | |
| Pinnacle West Capital Corporation | -0.08 | 0.15 | 0.21 | 73 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements STT
Add STT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with STT