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
187 ETFs have low correlation with SCHV (below 0.3), 22 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.09 | -0.05 | 63 | Leveraged Currency | SCHV vs YCS | |
| United States Gasoline Fund LP | -0.17 | -0.00 | 0.14 | 55 | Oil & Gas | SCHV vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | SCHV vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | SCHV vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 99 | Ultrashort Bond | SCHV vs CSHP |
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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 0.02, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.02 | 0.25 | 0.35 | 72 | Consumer Defensive | |
| Exxon Mobil Corporation | 0.03 | 0.28 | 0.38 | 72 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.04 | 0.20 | 0.24 | 75 | Energy | |
| Chevron Corporation | 0.06 | 0.30 | 0.40 | 70 | Energy | |
| BP p.l.c. | 0.06 | 0.23 | 0.35 | 77 | Energy |
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Build a portfolio that complements SCHV
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Analyze a portfolio with SCHV