Looking to diversify beyond ISCMF? The ETFs below have the lowest correlation with ISCMF — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ISCMF.
Best Diversifiers for ISCMF
2064 ETFs have low correlation with ISCMF (below 0.3), 1832 of which are negatively correlated. The least correlated is VanEck Emerging Markets Bond ETF (EMBX) (Emerging Markets Bonds) with a 1Y correlation of -0.18, down from -0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Emerging Markets Bond ETF | -0.18 | -0.02 | — | 69 | Emerging Markets Bonds | ISCMF vs EMBX | |
| First Trust New York High Income Municipal ETF | -0.17 | -0.04 | — | 65 | Municipal Bonds | ISCMF vs FMNY | |
| Ishares Lithium Miners And Producers ETF | -0.16 | — | — | 86 | Lithium & Battery Metals | ISCMF vs ILIT | |
| Sprott Lithium Miners ETF | -0.16 | -0.05 | — | 81 | Lithium & Battery Metals | ISCMF vs LITP | |
| Eaton Vance Short Duration Municipal Income ETF | -0.16 | — | — | 84 | Municipal Bonds | ISCMF vs EVSM |
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