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 SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.10 | -0.04 | 100 | Government Bonds, Ultrashort Bond | STT vs BIL | |
| iShares 0-5 Year TIPS Bond ETF | -0.06 | 0.03 | 0.07 | 91 | Inflation-Protected Bonds | STT vs STIP | |
| 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 | 0.04 | 0.03 | 0.02 | 83 | Government Bonds, Short-Term Bond | STT vs SHY | |
| Global X Data Center & Digital Infrastructure ETF | 0.32 | 0.36 | 0.42 | 84 | 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.17 | 0.06 | 0.19 | 83 | Consumer Defensive | |
| Duke Energy Corporation | -0.15 | 0.09 | 0.15 | 66 | Utilities | |
| Altria Group, Inc. | -0.14 | 0.07 | 0.18 | 81 | Consumer Defensive | |
| Enbridge Inc. | -0.07 | 0.18 | 0.34 | 88 | Energy | |
| Cboe Global Markets, Inc. | -0.07 | -0.04 | 0.10 | 62 | Financial Services |
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Build a portfolio that complements STT
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