Looking to diversify beyond SDSI? The ETFs below have historically moved differently from SDSI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SDSI
225 ETFs have low correlation with SDSI (below 0.3), 50 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.38, down from -0.21 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | -0.21 | — | 72 | Oil & Gas | SDSI vs DBE | |
| United States Brent Oil Fund LP | -0.37 | -0.21 | — | 52 | Oil & Gas | SDSI vs BNO | |
| Invesco DB Oil Fund | -0.36 | -0.20 | — | 58 | Oil & Gas | SDSI vs DBO | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.32 | -0.16 | — | 58 | Commodities | SDSI vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.31 | -0.15 | — | 67 | Commodities | SDSI vs GSG |
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