Looking to diversify beyond SECT? The ETFs below have the lowest correlation with SECT — 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 SECT.
Best Diversifiers for SECT
276 ETFs have low correlation with SECT (below 0.3), 74 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.06 | 0.11 | 71 | Oil & Gas | SECT vs DBE | |
| United States Oil Fund LP | -0.32 | -0.05 | 0.11 | 66 | Oil & Gas | SECT vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.05 | 0.11 | 65 | Oil & Gas | SECT vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.29 | -0.02 | 0.13 | 55 | Oil & Gas | SECT vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 55 | Derivative Income | SECT vs USOY |
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