Looking to diversify beyond SHRY? The ETFs below have the lowest correlation with SHRY — 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 SHRY.
Best Diversifiers for SHRY
9 ETFs have low correlation with SHRY (below 0.3), 5 of which are negatively correlated. The least correlated is Avantis International Small Cap Value ETF (AVDV) (Foreign Small & Mid Cap Equities) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis International Small Cap Value ETF | -1.00 | -1.00 | -1.00 | 80 | Foreign Small & Mid Cap Equities | SHRY vs AVDV | |
| United States Brent Oil Fund LP | -0.06 | 0.03 | 0.14 | 65 | Oil & Gas | SHRY vs BNO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.04 | 0.06 | 0.06 | 100 | Ultrashort Bond | SHRY vs CSHP | |
| Harbor Commodity All-Weather Strategy ETF | -0.03 | 0.08 | 0.14 | 80 | Commodities | SHRY vs HGER | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.02 | 0.07 | 0.20 | 72 | Commodities | SHRY vs GSG |
See all 38 diversifiers for SHRY
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