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Looking to diversify beyond SCHA? The ETFs below have the lowest correlation with SCHA — 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 SCHA.

Best Diversifiers for SCHA

194 ETFs have low correlation with SCHA (below 0.3), 30 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.11 over 5 years.


See all 1473 diversifiers for SCHA

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SCHA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCHA and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.17 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.170.050.17
72
Consumer Defensive
The Coca-Cola Company-0.110.060.17
74
Consumer Defensive
Exxon Mobil Corporation-0.070.160.28
72
Energy
Chubb Limited-0.070.090.25
69
Financial Services
Duke Energy Corporation-0.070.050.11
62
Utilities
See all 130 low-correlation stocks for SCHA

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Diversification Analysis

Build a portfolio that complements SCHA

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