Looking to diversify beyond SOVF? The ETFs below have the lowest correlation with SOVF — 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 SOVF.
Best Diversifiers for SOVF
294 ETFs have low correlation with SOVF (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.29, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.29 | -0.32 | -0.32 | 57 | Cryptocurrency | SOVF vs BITI | |
| Invesco DB Energy Fund | -0.15 | — | — | 53 | Oil & Gas | SOVF vs DBE | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | SOVF vs CSHP | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.10 | 0.02 | 0.02 | 51 | Commodities | SOVF vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.09 | 0.03 | 0.03 | 54 | Commodities | SOVF vs DBC |
See all 1130 diversifiers for SOVF
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