Looking to diversify beyond SOVF? The ETFs below have historically moved differently from SOVF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SOVF
387 ETFs have low correlation with SOVF (below 0.3), 31 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.26 | — | — | 61 | Cryptocurrency | SOVF vs BITI | |
| Alpha Architect Tail Risk ETF | -0.22 | — | — | 56 | Options Trading | SOVF vs CAOS | |
| Invesco DB Energy Fund | -0.20 | — | — | 72 | Oil & Gas | SOVF vs DBE | |
| Invesco DB Oil Fund | -0.19 | — | — | 58 | Oil & Gas | SOVF vs DBO | |
| United States Brent Oil Fund LP | -0.18 | — | — | 52 | Oil & Gas | SOVF vs BNO |
See all 1274 diversifiers for SOVF
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