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Looking to diversify beyond SGOV? The ETFs below have the lowest correlation with SGOV — 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 SGOV.

Best Diversifiers for SGOV

1673 ETFs have low correlation with SGOV (below 0.3), 1465 of which are negatively correlated.


See all 1692 diversifiers for SGOV

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SGOV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGOV and solid risk/return profiles. The least correlated is Quanta Services, Inc. (PWR) (Industrials) with a 1Y correlation of -0.22, down from -0.03 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Quanta Services, Inc.-0.22-0.06-0.03
88
Industrials
Amphenol Corporation-0.22-0.08-0.03
80
Technology
Comfort Systems USA, Inc.-0.21-0.09-0.02
98
Industrials
Banco Macro S.A.-0.20-0.06-0.06
71
Financial Services
Rio Tinto Group-0.20-0.05-0.02
91
Basic Materials
See all 318 low-correlation stocks for SGOV

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Diversification Analysis

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