Looking to diversify beyond SCHX? The ETFs below have the lowest correlation with SCHX — 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 SCHX.
Best Diversifiers for SCHX
201 ETFs have low correlation with SCHX (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | SCHX vs IBIC | |
| ProShares UltraShort Yen | -0.20 | -0.03 | -0.02 | 61 | Leveraged Currency | SCHX vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | SCHX vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | SCHX vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | SCHX vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCHX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCHX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.20 | 0.00 | 0.12 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.17 | 0.05 | 0.21 | 68 | Energy | |
| Duke Energy Corporation | -0.14 | 0.00 | 0.11 | 62 | Utilities | |
| Chubb Limited | -0.13 | 0.08 | 0.28 | 68 | Financial Services | |
| The Coca-Cola Company | -0.13 | 0.05 | 0.24 | 74 | Consumer Defensive |
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