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
333 ETFs have low correlation with SCEC (below 0.3), 47 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.44 | — | — | 53 | Oil & Gas | SCEC vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.40 | — | — | 51 | Commodities | SCEC vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.38 | -0.30 | -0.30 | 51 | Commodities | SCEC vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.37 | -0.32 | -0.32 | 54 | Commodities | SCEC vs DBC | |
| Fidelity Managed Futures ETF | -0.34 | — | — | 71 | Systematic Trend | SCEC vs FFUT |
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