Looking to diversify beyond SCHH? The ETFs below have the lowest correlation with SCHH — 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 SCHH.
Best Diversifiers for SCHH
959 ETFs have low correlation with SCHH (below 0.3), 80 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.27 | -0.19 | 75 | Leveraged Currency | SCHH vs YCS | |
| United States Gasoline Fund LP | -0.17 | -0.09 | 0.02 | 72 | Oil & Gas | SCHH vs UGA | |
| Fidelity Managed Futures ETF | -0.15 | — | — | 66 | Systematic Trend | SCHH vs FFUT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.14 | — | — | 60 | Inverse Equities, Leveraged Equities | SCHH vs MSTZ | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.13 | -0.05 | 0.06 | 51 | Commodities | SCHH vs PDBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCHH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCHH and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.13, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.13 | 0.06 | 0.25 | 73 | Technology | |
| NVIDIA Corporation | -0.12 | 0.01 | 0.21 | 69 | Technology | |
| AppLovin Corporation | -0.12 | 0.06 | 0.19 | 65 | Communication Services | |
| CrowdStrike Holdings, Inc. | -0.11 | 0.06 | 0.20 | 75 | Technology | |
| Nebius Group N.V. | -0.09 | -0.00 | -0.00 | 96 | Communication Services |
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Build a portfolio that complements SCHH
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Analyze a portfolio with SCHH