Looking to diversify beyond SCEC? The ETFs below have the lowest correlation with SCEC — 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 SCEC.
Best Diversifiers for SCEC
652 ETFs have low correlation with SCEC (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.45 | — | — | 71 | Oil & Gas | SCEC vs DBE | |
| Invesco DB Oil Fund | -0.43 | — | — | 65 | Oil & Gas | SCEC vs DBO | |
| United States Brent Oil Fund LP | -0.42 | — | — | 65 | Oil & Gas | SCEC vs BNO | |
| iShares Commodities Select Strategy ETF | -0.41 | — | — | 71 | Commodities | SCEC vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.40 | — | — | 71 | Commodities | SCEC vs GSG |
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