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
270 ETFs have low correlation with SCHV (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.09 | -0.05 | 61 | Leveraged Currency | SCHV vs YCS | |
| Invesco DB Energy Fund | -0.22 | -0.01 | 0.15 | 71 | Oil & Gas | SCHV vs DBE | |
| United States Oil Fund LP | -0.20 | 0.00 | 0.14 | 66 | Oil & Gas | SCHV vs USO | |
| United States Brent Oil Fund LP | -0.19 | 0.00 | 0.14 | 65 | Oil & Gas | SCHV vs BNO | |
| Invesco DB Oil Fund | -0.19 | 0.01 | 0.16 | 65 | Oil & Gas | SCHV vs DBO |
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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 0.03, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.03 | 0.27 | 0.35 | 69 | Consumer Defensive | |
| Petróleo Brasileiro S.A. - Petrobras | 0.05 | 0.20 | 0.24 | 86 | Energy | |
| BP p.l.c. | 0.05 | 0.24 | 0.35 | 87 | Energy | |
| Exxon Mobil Corporation | 0.07 | 0.30 | 0.39 | 85 | Energy | |
| Chevron Corporation | 0.09 | 0.32 | 0.41 | 83 | Energy |
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Build a portfolio that complements SCHV
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