Looking to diversify beyond SCHH? The ETFs below have historically moved differently from SCHH, 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 SCHH
1062 ETFs have low correlation with SCHH (below 0.3), 93 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, down from -0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.27 | -0.19 | 59 | Leveraged Currency | SCHH vs YCS | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.26 | -0.19 | -0.15 | 51 | Nontraditional Bonds | SCHH vs RISR | |
| Invesco DB Energy Fund | -0.18 | -0.13 | 0.01 | 66 | Oil & Gas | SCHH vs DBE | |
| Invesco DB Oil Fund | -0.17 | -0.11 | 0.01 | 51 | Oil & Gas | SCHH vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.16 | -0.08 | 0.04 | 61 | Commodities | SCHH vs GSG |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SCHH, 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 Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.15, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.15 | 0.05 | 0.24 | 68 | Technology | |
| Nebius Group N.V. | -0.11 | -0.03 | -0.03 | 94 | Communication Services | |
| NVIDIA Corporation | -0.11 | 0.01 | 0.21 | 61 | Technology | |
| Marvell Technology, Inc. | -0.10 | 0.08 | 0.25 | 90 | Technology | |
| CrowdStrike Holdings, Inc. | -0.10 | 0.05 | 0.20 | 83 | Technology |
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