PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond SCYB? The ETFs below have the lowest correlation with SCYB — 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 SCYB.

Best Diversifiers for SCYB

138 ETFs have low correlation with SCYB (below 0.3), 33 of which are negatively correlated.


See all 1465 diversifiers for SCYB

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SCYB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCYB and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.17, down from 0.02 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Exxon Mobil Corporation-0.170.020.02
72
Energy
Chevron Corporation-0.160.050.05
70
Energy
ConocoPhillips Company-0.150.030.03
65
Energy
Energy Transfer LP-0.090.190.19
72
Energy
Chubb Limited-0.080.070.07
69
Financial Services
See all 126 low-correlation stocks for SCYB

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements SCYB

Add SCYB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with SCYB