Looking to diversify beyond SCHC? The ETFs below have historically moved differently from SCHC, 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 SCHC
208 ETFs have low correlation with SCHC (below 0.3), 56 of which are negatively correlated. The least correlated is YieldMax MSTR Short Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | -0.40 | -0.40 | 58 | Derivative Income | SCHC vs WNTR | |
| ProShares UltraShort Yen | -0.39 | -0.33 | -0.27 | 56 | Leveraged Currency | SCHC vs YCS | |
| Invesco DB Energy Fund | -0.34 | -0.09 | 0.11 | 54 | Oil & Gas | SCHC vs DBE | |
| United States Gasoline Fund, LP | -0.27 | -0.06 | 0.09 | 72 | Oil & Gas | SCHC vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | SCHC vs RBIL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SCHC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.13, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.13 | 0.09 | 0.24 | 84 | Energy | |
| The Coca-Cola Company | -0.12 | 0.08 | 0.21 | 86 | Consumer Defensive | |
| Walmart Inc. | -0.06 | 0.09 | 0.19 | 59 | Consumer Defensive | |
| Ventas, Inc. | -0.03 | 0.23 | 0.34 | 87 | Real Estate | |
| Johnson & Johnson | 0.01 | 0.13 | 0.17 | 96 | Healthcare |
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