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Looking to balance out your exposure to STTK? The ETFs below have historically moved differently from STTK, 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 STTK

4 ETFs have low correlation with STTK (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Global Silver and Metals Miners ETF (SLVP) (Silver) with a 1Y correlation of 0.07, roughly unchanged from 0.10 over 5 years.

How candidates are selected

Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for STTK, 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 Hycroft Mining Holding Corporation (HYMC) (Basic Materials) with a 1Y correlation of 0.06, roughly unchanged from 0.12 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Hycroft Mining Holding Corporation0.060.130.12
97
Basic Materials
Silvercorp Metals Inc.0.070.100.11
84
Basic Materials
Hecla Mining Company0.080.140.13
86
Basic Materials
Xeris Biopharma Holdings, Inc.0.090.250.24
69
Healthcare
Planet Labs PBC0.180.19
93
Industrials
See all 6 low-correlation stocks for STTK

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Diversification Analysis

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