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
277 ETFs have low correlation with SOVF (below 0.3), 29 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.15, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.16 | -0.02 | -0.02 | 71 | Oil & Gas | SOVF vs DBE | |
| Invesco DB Oil Fund | -0.14 | — | — | 65 | Oil & Gas | SOVF vs DBO | |
| United States Brent Oil Fund LP | -0.13 | — | — | 65 | Oil & Gas | SOVF vs BNO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | 0.03 | 0.03 | 100 | Ultrashort Bond | SOVF vs CSHP | |
| iShares Commodities Select Strategy ETF | -0.10 | 0.03 | 0.03 | 72 | Commodities | SOVF vs COMT |
See all 1191 diversifiers for SOVF
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