Looking to balance out your exposure to SCVL? The ETFs below have the lowest correlation with SCVL — they tend to move on their own, which can help reduce risk when SCVL drops. The stock ideas table highlights individual companies that behave independently from SCVL.
Best Diversifiers for SCVL
1 ETFs have low correlation with SCVL (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) (Gold) with a 1Y correlation of 0.18, roughly unchanged from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.18 | 0.21 | — | 52 | Gold | SCVL vs GDE |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCVL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCVL and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.05, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.05 | 0.11 | 0.20 | 88 | Energy | |
| Verizon Communications Inc. | 0.13 | 0.09 | 0.11 | 56 | Communication Services | |
| Amazon.com, Inc | 0.16 | 0.19 | 0.28 | 62 | Consumer Cyclical | |
| Merck & Co., Inc. | 0.16 | 0.10 | 0.08 | 90 | Healthcare | |
| UnitedHealth Group Incorporated | 0.19 | 0.13 | 0.13 | 66 | Healthcare |
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