Looking to balance out your exposure to STXS? The ETFs below have the lowest correlation with STXS — they tend to move on their own, which can help reduce risk when STXS drops. The stock ideas table highlights individual companies that behave independently from STXS.
Best Diversifiers for STXS
0 ETFs have low correlation with STXS (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core MSCI Emerging Markets ETF (IEMG) (Emerging Markets Diversified) with a 1Y correlation of 0.32, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core MSCI Emerging Markets ETF | 0.32 | 0.23 | 0.28 | 77 | Emerging Markets Diversified | STXS vs IEMG | |
| WisdomTree Artificial Intelligence and Innovation ... | 0.35 | 0.29 | — | 92 | Technology Equities | STXS vs WTAI | |
| Invesco QQQ ETF | 0.40 | 0.28 | 0.34 | 74 | Nasdaq-100 | STXS vs QQQ | |
| iShares Core Dividend Growth ETF | 0.43 | 0.34 | 0.34 | 78 | Large Cap Growth Equities, Dividend | STXS vs DGRO | |
| State Street SPDR S&P 500 ETF | 0.48 | 0.34 | 0.37 | 74 | S&P 500 | STXS vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from STXS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to STXS and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.09, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.09 | 0.02 | 0.04 | 86 | Energy | |
| Diamondback Energy, Inc. | -0.03 | 0.05 | 0.10 | 81 | Energy | |
| Walmart Inc. | 0.03 | 0.05 | 0.08 | 66 | Consumer Defensive | |
| Lockheed Martin Corporation | 0.14 | 0.05 | 0.06 | 51 | Industrials | |
| QUALCOMM Incorporated | 0.28 | 0.21 | 0.26 | 78 | Technology |
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