Looking to diversify beyond SCHE? The ETFs below have the lowest correlation with SCHE — 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 SCHE.
Best Diversifiers for SCHE
220 ETFs have low correlation with SCHE (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.19 | -0.15 | 61 | Leveraged Currency | SCHE vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.27 | — | — | 98 | Inflation-Protected Bonds | SCHE vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.19 | -0.04 | -0.01 | 100 | Government Bonds, Ultrashort Bond | SCHE vs USFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | 0.03 | 0.03 | 95 | Inflation-Protected Bonds | SCHE vs IBID | |
| iShares Diversified Commodity Swap UCITS ETF | -0.13 | -0.02 | -0.02 | 77 | Commodities | SCHE vs ISCMF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCHE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCHE and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.17, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.17 | -0.02 | 0.12 | 68 | Financial Services | |
| Altria Group, Inc. | -0.15 | 0.00 | 0.08 | 70 | Consumer Defensive | |
| Duke Energy Corporation | -0.14 | 0.02 | 0.04 | 62 | Utilities | |
| Walmart Inc. | -0.13 | 0.04 | 0.10 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.11 | 0.08 | 0.19 | 68 | Energy |
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