Looking to balance out your exposure to SUN? The ETFs below have the lowest correlation with SUN — they tend to move on their own, which can help reduce risk when SUN drops. The stock ideas table highlights individual companies that behave independently from SUN.
Best Diversifiers for SUN
28 ETFs have low correlation with SUN (below 0.3), 16 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of -0.14, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | -0.14 | 0.08 | 0.16 | 53 | Nasdaq-100 | SUN vs QQQ | |
| Vanguard Information Technology ETF | -0.14 | 0.07 | 0.16 | 50 | Technology Equities | SUN vs VGT | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | -0.12 | — | — | 53 | Nasdaq-100, Options Trading, Dividend | SUN vs QQQY | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.11 | 0.09 | — | 60 | Nasdaq-100, Derivative Income | SUN vs JEPQ | |
| Vanguard S&P 500 ETF | -0.10 | 0.15 | 0.24 | 66 | S&P 500 | SUN vs VOO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SUN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SUN and solid risk/return profiles. The least correlated is General Electric Company (GE) (Industrials) with a 1Y correlation of -0.17, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| General Electric Company | -0.17 | 0.04 | 0.16 | 71 | Industrials | |
| First Solar, Inc. | -0.16 | 0.05 | 0.11 | 61 | Technology | |
| GigaCloud Technology Inc | -0.13 | 0.03 | 0.03 | 79 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.13 | 0.05 | 0.12 | 89 | Technology | |
| Amazon.com, Inc | -0.10 | 0.05 | 0.09 | 56 | Consumer Cyclical |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SUN
Add SUN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SUN