Looking to diversify beyond SLON? The ETFs below have the lowest correlation with SLON — 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 SLON.
Best Diversifiers for SLON
273 ETFs have low correlation with SLON (below 0.3), 9 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (ISCMF) (Commodities) with a 1Y correlation of -0.09, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.09 | -0.09 | -0.09 | 83 | Commodities | SLON vs ISCMF | |
| Brookmont Catastrophic Bond ETF | -0.08 | -0.08 | -0.08 | 93 | Nontraditional Bonds | SLON vs ILS | |
| Invesco DB Oil Fund | -0.03 | -0.03 | -0.03 | 65 | Oil & Gas | SLON vs DBO | |
| Global X 1-3 Month T-Bill ETF | -0.03 | — | — | 100 | Ultrashort Bond | SLON vs CLIP | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.02 | -0.02 | -0.02 | 86 | Municipal Bonds | SLON vs IBMO |
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