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
1703 ETFs have low correlation with SGOV (below 0.3), 1514 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Emerald Life Sciences Innovation ETF | -0.22 | — | — | 68 | Health & Biotech Equities | SGOV vs LFSC | |
| SPDR S&P Pharmaceuticals ETF | -0.22 | -0.11 | -0.06 | 54 | Health & Biotech Equities | SGOV vs XPH | |
| Roundhill Generative AI & Technology ETF | -0.21 | -0.04 | — | 95 | Technology Equities | SGOV vs CHAT | |
| Principal Active High Yield ETF | -0.21 | -0.01 | 0.01 | 63 | High Yield Bonds | SGOV vs YLD | |
| Virtus LifeSci Biotech Clinical Trials ETF | -0.20 | -0.09 | -0.05 | 90 | Health & Biotech Equities | SGOV vs BBC |
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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 DNP Select Income Fund Inc. (DNP) (Financial Services) with a 1Y correlation of -0.20, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| DNP Select Income Fund Inc. | -0.20 | -0.06 | -0.06 | 83 | Financial Services | |
| Amneal Pharmaceuticals, Inc. | -0.19 | -0.06 | -0.01 | 85 | Healthcare | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.17 | -0.03 | -0.01 | 95 | Technology | |
| Comfort Systems USA, Inc. | -0.17 | -0.07 | 0.00 | 99 | Industrials | |
| Quanta Services, Inc. | -0.17 | -0.05 | -0.01 | 94 | Industrials |
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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