Looking to diversify beyond SDVY? The ETFs below have the lowest correlation with SDVY — 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 SDVY.
Best Diversifiers for SDVY
323 ETFs have low correlation with SDVY (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.25 | 0.02 | 0.16 | 71 | Oil & Gas | SDVY vs DBE | |
| United States Oil Fund LP | -0.24 | 0.04 | 0.15 | 66 | Oil & Gas | SDVY vs USO | |
| United States Brent Oil Fund LP | -0.23 | 0.04 | 0.15 | 65 | Oil & Gas | SDVY vs BNO | |
| United States 12 Month Oil Fund LP | -0.23 | 0.06 | 0.17 | 56 | Oil & Gas | SDVY vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.22 | 0.07 | 0.17 | 56 | Oil & Gas | SDVY vs OILK |
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