Looking to diversify beyond SCHF? The ETFs below have historically moved differently from SCHF, 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 SCHF
227 ETFs have low correlation with SCHF (below 0.3), 70 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, down from -0.31 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.31 | — | 51 | Cryptocurrency | SCHF vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 69 | Derivative Income | SCHF vs WNTR | |
| ProShares UltraShort Yen | -0.35 | -0.28 | -0.24 | 59 | Leveraged Currency | SCHF vs YCS | |
| Invesco DB Energy Fund | -0.33 | -0.10 | 0.08 | 66 | Oil & Gas | SCHF vs DBE | |
| United States Gasoline Fund, LP | -0.28 | -0.08 | 0.07 | 83 | Oil & Gas | SCHF vs UGA |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SCHF, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.21, down from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | 0.03 | 0.15 | 66 | Consumer Defensive | |
| Chevron Corporation | -0.17 | 0.08 | 0.24 | 79 | Energy | |
| The Allstate Corporation | -0.17 | 0.08 | 0.22 | 83 | Financial Services | |
| ConocoPhillips Company | -0.16 | 0.04 | 0.21 | 73 | Energy | |
| Devon Energy Corporation | -0.15 | 0.10 | 0.26 | 78 | Energy |
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