Looking to balance out your exposure to STTK? The ETFs below have the lowest correlation with STTK — they tend to move on their own, which can help reduce risk when STTK drops. The stock ideas table highlights individual companies that behave independently from STTK.
Best Diversifiers for STTK
1 ETFs have low correlation with STTK (below 0.3), 0 of which are negatively correlated. The least correlated is YieldMax AAPL Option Income Strategy ETF (APLY) (Options Trading) with a 1Y correlation of 0.09, roughly unchanged from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax AAPL Option Income Strategy ETF | 0.09 | 0.14 | — | 63 | Options Trading | STTK vs APLY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from STTK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to STTK and solid risk/return profiles. The least correlated is Xeris Biopharma Holdings, Inc. (XERS) (Healthcare) with a 1Y correlation of 0.04, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Xeris Biopharma Holdings, Inc. | 0.04 | 0.24 | 0.24 | 74 | Healthcare | |
| Silvercorp Metals Inc. | 0.06 | 0.11 | 0.11 | 77 | Basic Materials | |
| Hycroft Mining Holding Corporation | 0.07 | 0.14 | 0.13 | 95 | Basic Materials | |
| Hecla Mining Company | 0.07 | 0.14 | 0.13 | 85 | Basic Materials | |
| Planet Labs PBC | 0.16 | 0.20 | — | 96 | Industrials |
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