Looking to diversify beyond SRHR? The ETFs below have the lowest correlation with SRHR — 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 SRHR.
Best Diversifiers for SRHR
474 ETFs have low correlation with SRHR (below 0.3), 28 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.20, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.20 | -0.08 | -0.08 | 57 | Oil & Gas | SRHR vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | -0.04 | -0.04 | 54 | Commodities | SRHR vs GSG | |
| ProShares Short Bitcoin ETF | -0.17 | -0.22 | -0.22 | 52 | Cryptocurrency | SRHR vs BITI | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.16 | -0.05 | -0.05 | 52 | Commodities | SRHR vs COMT | |
| Invesco DB Commodity Index Tracking Fund | -0.16 | — | — | 56 | Commodities | SRHR vs DBC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SRHR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SRHR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.59 | — | — | 78 | Real Estate |
Build a portfolio that complements SRHR
Add SRHR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SRHR