Looking to diversify beyond SGOV? The ETFs below have historically moved differently from SGOV, 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 SGOV
1708 ETFs have low correlation with SGOV (below 0.3), 1489 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Emerging Markets 10 Buffer ETF - Quarter... | -0.21 | — | — | 85 | Defined Outcome | SGOV vs EBUF | |
| SPDR S&P Pharmaceuticals ETF | -0.20 | -0.11 | -0.07 | 93 | Health & Biotech Equities | SGOV vs XPH | |
| YieldMax Semiconductor Portfolio Option Income ETF | -0.20 | — | — | 89 | Derivative Income, Semiconductors | SGOV vs CHPY | |
| Matthews Pacific Tiger Active ETF | -0.20 | — | — | 51 | Asia Pacific Equities | SGOV vs ASIA | |
| iShares Latin American 40 ETF | -0.20 | -0.08 | -0.06 | 75 | Latin America Equities | SGOV vs ILF |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SGOV, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Comfort Systems USA, Inc. (FIX) (Industrials) with a 1Y correlation of -0.23, down from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Comfort Systems USA, Inc. | -0.23 | -0.10 | -0.02 | 95 | Industrials | |
| Quanta Services, Inc. | -0.23 | -0.06 | -0.03 | 87 | Industrials | |
| Amphenol Corporation | -0.22 | -0.08 | -0.03 | 78 | Technology | |
| Rio Tinto Group | -0.22 | -0.05 | -0.02 | 92 | Basic Materials | |
| Nu Holdings Ltd. | -0.21 | -0.07 | — | 56 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SGOV
Add SGOV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SGOV