Looking to balance out your exposure to SWDBY? The ETFs below have the lowest correlation with SWDBY — they tend to move on their own, which can help reduce risk when SWDBY drops. The stock ideas table highlights individual companies that behave independently from SWDBY.
No Diversifiers Found for SWDBY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SWDBY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWDBY and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.36, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.36 | 0.30 | 0.38 | 59 | Financial Services | |
| HSBC Holdings plc | 0.66 | 0.55 | 0.50 | 90 | Financial Services | |
| ING Groep N.V. | 0.71 | 0.62 | 0.62 | 84 | Financial Services |
Build a portfolio that complements SWDBY
Add SWDBY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SWDBY