Looking to balance out your exposure to SVM? The ETFs below have the lowest correlation with SVM — they tend to move on their own, which can help reduce risk when SVM drops. The stock ideas table highlights individual companies that behave independently from SVM.
Best Diversifiers for SVM
8 ETFs have low correlation with SVM (below 0.3), 1 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.01, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.01 | 0.12 | 0.23 | 63 | Energy Equities | SVM vs XLE | |
| Goldman Sachs Ultra Short Bond ETF | 0.04 | 0.02 | 0.03 | 99 | Ultrashort Bond | SVM vs GSST | |
| iShares 0-5 Year TIPS Bond ETF | 0.05 | 0.13 | 0.21 | 93 | Inflation-Protected Bonds | SVM vs STIP | |
| WisdomTree Floating Rate Treasury Fund | 0.06 | 0.03 | 0.04 | 100 | Government Bonds, Ultrashort Bond | SVM vs USFR | |
| iShares Ultra Short Duration Bond Active ETF | 0.11 | 0.08 | 0.13 | 99 | Ultrashort Bond | SVM vs ICSH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SVM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SVM and solid risk/return profiles. The least correlated is Plains All American Pipeline, L.P. (PAA) (Energy) with a 1Y correlation of -0.19, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Plains All American Pipeline, L.P. | -0.19 | 0.08 | 0.18 | 87 | Energy | |
| Energy Transfer LP | -0.04 | 0.13 | 0.22 | 69 | Energy | |
| Enterprise Products Partners L.P. | -0.02 | 0.12 | 0.22 | 85 | Energy | |
| BP p.l.c. | 0.03 | 0.16 | 0.23 | 87 | Energy | |
| Tri Pointe Homes, Inc. | 0.04 | 0.14 | 0.19 | 79 | Consumer Cyclical |
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