Looking to balance out your exposure to SYF? The ETFs below have the lowest correlation with SYF — they tend to move on their own, which can help reduce risk when SYF drops. The stock ideas table highlights individual companies that behave independently from SYF.
Best Diversifiers for SYF
3 ETFs have low correlation with SYF (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Tax-Exempt Bond ETF (VTEB) (Municipal Bonds) with a 1Y correlation of 0.18, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.18 | 0.12 | 0.08 | 80 | Municipal Bonds | SYF vs VTEB | |
| Franklin FTSE Taiwan ETF | 0.27 | 0.32 | 0.39 | 92 | Taiwan Equities, Asia Pacific Equities | SYF vs FLTW | |
| VanEck Semiconductor ETF | 0.30 | 0.32 | 0.41 | 90 | Semiconductors, Technology Equities | SYF vs SMH | |
| Schwab U.S. Dividend Equity ETF | 0.33 | 0.48 | 0.58 | 91 | Dividend | SYF vs SCHD | |
| State Street Technology Select Sector SPDR ETF | 0.33 | 0.36 | 0.44 | 54 | Technology Equities | SYF vs XLK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SYF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SYF and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.15 | -0.00 | 0.12 | 84 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.15 | 0.13 | 0.25 | 78 | Energy | |
| Cboe Global Markets, Inc. | -0.15 | -0.13 | 0.03 | 60 | Financial Services | |
| EOG Resources, Inc. | -0.14 | 0.14 | 0.24 | 66 | Energy | |
| Plains All American Pipeline, L.P. | -0.14 | 0.22 | 0.34 | 87 | Energy |
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Build a portfolio that complements SYF
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