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Looking to balance out your exposure to SWTX? The ETFs below have the lowest correlation with SWTX — they tend to move on their own, which can help reduce risk when SWTX drops. The stock ideas table highlights individual companies that behave independently from SWTX.

Best Diversifiers for SWTX

1 ETFs have low correlation with SWTX (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.00, down from 0.31 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Vanguard S&P 500 ETF-0.000.250.31
74
S&P 500SWTX vs VOO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SWTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWTX and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.00, down from 0.15 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Eli Lilly and Company-0.000.170.15
75
Healthcare
Apple Inc0.050.150.23
90
Technology

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Diversification Analysis

Build a portfolio that complements SWTX

Add SWTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with SWTX