Looking to diversify beyond SCHF? The ETFs below have the lowest correlation with SCHF — 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 SCHF.
Best Diversifiers for SCHF
195 ETFs have low correlation with SCHF (below 0.3), 50 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.55, roughly unchanged from -0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.55 | -0.53 | -0.58 | 51 | Currency | SCHF vs UUP | |
| ProShares Short Bitcoin ETF | -0.40 | -0.30 | -0.33 | 57 | Cryptocurrency | SCHF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | -0.34 | -0.34 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SCHF vs SBIT | |
| ProShares UltraShort Yen | -0.39 | -0.28 | -0.24 | 72 | Leveraged Currency | SCHF vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 68 | Inverse Equities, Leveraged Equities | SCHF vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCHF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCHF and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.15 | 0.06 | 0.17 | 81 | Consumer Defensive | |
| Waste Management, Inc. | -0.15 | 0.09 | 0.22 | 53 | Industrials | |
| ConocoPhillips Company | -0.11 | 0.07 | 0.23 | 66 | Energy | |
| The Coca-Cola Company | -0.11 | 0.10 | 0.23 | 83 | Consumer Defensive | |
| Devon Energy Corporation | -0.10 | 0.13 | 0.27 | 72 | Energy |
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