Looking to diversify beyond SDVY? The ETFs below have historically moved differently from SDVY, 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 SDVY
287 ETFs have low correlation with SDVY (below 0.3), 62 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | -0.04 | 0.13 | 72 | Oil & Gas | SDVY vs DBE | |
| Alpha Architect Tail Risk ETF | -0.30 | -0.10 | — | 56 | Options Trading | SDVY vs CAOS | |
| ProShares Short Bitcoin ETF | -0.30 | -0.30 | — | 61 | Cryptocurrency | SDVY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.29 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | SDVY vs SBIT | |
| United States Oil Fund LP | -0.29 | -0.03 | 0.12 | 55 | Oil & Gas | SDVY vs USO |
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