Looking to diversify beyond SNOV? The ETFs below have the lowest correlation with SNOV — 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 SNOV.
Best Diversifiers for SNOV
163 ETFs have low correlation with SNOV (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.44 | -0.44 | 57 | Cryptocurrency | SNOV vs BITI | |
| Invesco DB Energy Fund | -0.26 | — | — | 53 | Oil & Gas | SNOV vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | SNOV vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 96 | Inflation-Protected Bonds | SNOV vs IBID | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | 0.03 | 0.03 | 51 | Commodities | SNOV vs GSG |
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