Looking to balance out your exposure to SY? The ETFs below have the lowest correlation with SY — they tend to move on their own, which can help reduce risk when SY drops. The stock ideas table highlights individual companies that behave independently from SY.
Best Diversifiers for SY
1 ETFs have low correlation with SY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.29, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.29 | 0.20 | 0.25 | 70 | S&P 500 | SY vs VOO |
Diversification Analysis
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