Looking to diversify beyond SHOC? The ETFs below have the lowest correlation with SHOC — 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 SHOC.
Best Diversifiers for SHOC
305 ETFs have low correlation with SHOC (below 0.3), 62 of which are negatively correlated. The least correlated is iShares iBonds Oct 2027 Term TIPS ETF (IBID) (Inflation-Protected Bonds) with a 1Y correlation of -0.23, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.23 | -0.08 | -0.08 | 95 | Inflation-Protected Bonds | SHOC vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | -0.09 | -0.09 | 98 | Inflation-Protected Bonds | SHOC vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.16 | -0.02 | -0.02 | 98 | Ultrashort Bond | SHOC vs BAMU | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.09 | -0.09 | 100 | Government Bonds, Ultrashort Bond | SHOC vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.05 | -0.04 | 100 | Ultrashort Bond | SHOC vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SHOC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SHOC and solid risk/return profiles. The least correlated is Applied Digital Corporation (APLD) (Technology) with a 1Y correlation of 0.47, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Digital Corporation | 0.47 | 0.41 | 0.38 | 93 | Technology | |
| NVIDIA Corporation | 0.67 | 0.76 | 0.78 | 76 | Technology |
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