Looking to diversify beyond SCHK? The ETFs below have the lowest correlation with SCHK — 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 SCHK.
Best Diversifiers for SCHK
260 ETFs have low correlation with SCHK (below 0.3), 55 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 65 | Inverse Equities, Leveraged Equities | SCHK vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.49 | -0.38 | — | 53 | Cryptocurrency | SCHK vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 70 | Derivative Income | SCHK vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.07 | 0.08 | 57 | Oil & Gas | SCHK vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | SCHK vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCHK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCHK and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.23, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.23 | -0.02 | 0.11 | 78 | Consumer Defensive | |
| The Coca-Cola Company | -0.20 | 0.03 | 0.22 | 82 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.20 | 0.04 | 0.18 | 76 | Energy | |
| Chubb Limited | -0.19 | 0.06 | 0.26 | 83 | Financial Services | |
| Verizon Communications Inc. | -0.18 | 0.01 | 0.14 | 57 | Communication Services |
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