Looking to diversify beyond SCDV? The ETFs below have historically moved differently from SCDV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SCDV
181 ETFs have low correlation with SCDV (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.17 | -0.17 | 66 | Oil & Gas | SCDV vs DBE | |
| ProShares Short Bitcoin ETF | -0.29 | — | — | 51 | Cryptocurrency | SCDV vs BITI | |
| Invesco DB Oil Fund | -0.28 | — | — | 51 | Oil & Gas | SCDV vs DBO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.24 | -0.16 | -0.16 | 96 | Inflation-Protected Bonds | SCDV vs IBID | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.23 | -0.08 | -0.08 | 56 | Commodities | SCDV vs COMT |
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