Looking to diversify beyond SCHV? The ETFs below have the lowest correlation with SCHV — 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 SCHV.
Best Diversifiers for SCHV
239 ETFs have low correlation with SCHV (below 0.3), 36 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 | -0.33 | — | — | 61 | Inverse Equities, Leveraged Equities | SCHV vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 69 | Derivative Income | SCHV vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.25 | -0.07 | — | 53 | Options Trading | SCHV vs CAOS | |
| Invesco DB Energy Fund | -0.19 | -0.02 | 0.15 | 58 | Oil & Gas | SCHV vs DBE | |
| ProShares UltraShort Yen | -0.19 | -0.09 | -0.06 | 67 | Leveraged Currency | SCHV vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCHV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCHV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.01, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.01 | 0.23 | 0.34 | 77 | Consumer Defensive | |
| Occidental Petroleum Corporation | 0.03 | 0.26 | 0.35 | 68 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.04 | 0.20 | 0.24 | 82 | Energy | |
| Waste Management, Inc. | 0.05 | 0.29 | 0.39 | 51 | Industrials | |
| Chubb Limited | 0.05 | 0.30 | 0.47 | 81 | Financial Services |
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