Looking to diversify beyond SLVR? The ETFs below have the lowest correlation with SLVR — 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 SLVR.
Best Diversifiers for SLVR
494 ETFs have low correlation with SLVR (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.41 | — | — | 51 | Currency | SLVR vs UUP | |
| ProShares Short Bitcoin ETF | -0.28 | -0.26 | -0.26 | 57 | Cryptocurrency | SLVR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.28 | -0.26 | -0.26 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SLVR vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 68 | Inverse Equities, Leveraged Equities | SLVR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | — | — | 70 | Derivative Income | SLVR vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SLVR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SLVR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enbridge Inc. | 0.04 | — | — | 88 | Energy | |
| Rio Tinto Group | 0.59 | 0.52 | 0.52 | 87 | Basic Materials | |
| Sprott Physical Gold Trust | 0.71 | 0.66 | 0.66 | 61 | Financial Services |
Build a portfolio that complements SLVR
Add SLVR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SLVR