Looking to diversify beyond SOCL? The ETFs below have the lowest correlation with SOCL — 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 SOCL.
Best Diversifiers for SOCL
244 ETFs have low correlation with SOCL (below 0.3), 23 of which are negatively correlated. The least correlated is VanEck Energy Income ETF (EINC) (Energy Equities) with a 1Y correlation of -0.16, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Energy Income ETF | -0.16 | 0.14 | 0.23 | 78 | Energy Equities | SOCL vs EINC | |
| Brookstone Ultra-Short Bond ETF | -0.16 | — | — | 99 | Ultrashort Bond | SOCL vs BAMU | |
| Alerian Energy Infrastructure ETF | -0.16 | 0.15 | 0.25 | 73 | Energy Equities | SOCL vs ENFR | |
| Barclays ETN+ Select MLP ETN | -0.14 | 0.16 | 0.24 | 56 | MLPs | SOCL vs ATMP | |
| FT Energy Income Partners Enhanced Income ETF | -0.12 | — | — | 85 | Derivative Income | SOCL vs EIPI |
See all 1138 diversifiers for SOCL
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Diversification Analysis
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