Looking to balance out your exposure to SYY? The ETFs below have the lowest correlation with SYY — they tend to move on their own, which can help reduce risk when SYY drops. The stock ideas table highlights individual companies that behave independently from SYY.
Best Diversifiers for SYY
10 ETFs have low correlation with SYY (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.00, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.00 | 0.07 | 0.26 | 59 | Nasdaq-100 | SYY vs QQQ | |
| iShares Core MSCI Emerging Markets ETF | 0.05 | 0.14 | 0.26 | 59 | Emerging Markets Diversified | SYY vs IEMG | |
| Vanguard S&P 500 ETF | 0.12 | 0.22 | 0.38 | 70 | S&P 500 | SYY vs VOO | |
| State Street SPDR S&P 500 ETF | 0.12 | 0.22 | 0.38 | 70 | S&P 500 | SYY vs SPY | |
| Vanguard Total Stock Market ETF | 0.14 | 0.23 | 0.40 | 70 | Large Cap Blend Equities | SYY vs VTI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SYY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SYY and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.17, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.17 | -0.12 | 0.09 | 66 | Technology | |
| Broadcom Inc. | -0.13 | -0.07 | 0.11 | 71 | Technology | |
| CrowdStrike Holdings, Inc. | -0.11 | -0.05 | 0.08 | 82 | Technology | |
| Micron Technology, Inc. | -0.10 | -0.02 | 0.15 | 99 | Technology | |
| Dell Technologies Inc. | -0.05 | -0.01 | 0.18 | 97 | Technology |
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Build a portfolio that complements SYY
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