Looking to diversify beyond SCLS? The ETFs below have the lowest correlation with SCLS — 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 SCLS.
Best Diversifiers for SCLS
0 ETFs have low correlation with SCLS (below 0.3), 0 of which are negatively correlated. The least correlated is DoubleLine Commodity Strategy ETF (DCMT) (Commodities) with a 1Y correlation of 0.63, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Commodity Strategy ETF | 0.63 | 0.63 | 0.63 | 70 | Commodities | SCLS vs DCMT |
Build a portfolio that complements SCLS
Add SCLS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SCLS