Looking to diversify beyond SCZ? The ETFs below have the lowest correlation with SCZ — 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 SCZ.
Best Diversifiers for SCZ
166 ETFs have low correlation with SCZ (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, down from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.35 | -0.29 | 61 | Leveraged Currency | SCZ vs YCS | |
| TCW AAA CLO ETF | -0.18 | -0.10 | -0.10 | 99 | CLO | SCZ vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | 0.07 | 0.07 | 98 | Inflation-Protected Bonds | SCZ vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | 0.02 | 0.02 | 99 | Ultrashort Bond | SCZ vs CSHP | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.04 | -0.01 | 100 | Ultrashort Bond | SCZ vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SCZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SCZ and solid risk/return profiles. The least correlated is U.S. Bancorp (USB) (Financial Services) with a 1Y correlation of 0.44, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| U.S. Bancorp | 0.44 | 0.45 | 0.51 | 83 | Financial Services |
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