Looking to diversify beyond STCE? The ETFs below have the lowest correlation with STCE — 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 STCE.
Best Diversifiers for STCE
392 ETFs have low correlation with STCE (below 0.3), 60 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.66, roughly unchanged from -0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.66 | -0.70 | -0.70 | 52 | Cryptocurrency, Leveraged Cryptocurrency | STCE vs SBIT | |
| ProShares Short Bitcoin ETF | -0.66 | -0.69 | -0.70 | 57 | Cryptocurrency | STCE vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.66 | -0.69 | -0.69 | 68 | Inverse Equities, Leveraged Equities | STCE vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.63 | -0.63 | — | 70 | Derivative Income | STCE vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.22 | -0.22 | — | 51 | Currency | STCE vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from STCE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to STCE and solid risk/return profiles. The least correlated is Merck & Co., Inc. (MRK) (Healthcare) with a 1Y correlation of -0.03, roughly unchanged from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Merck & Co., Inc. | -0.03 | 0.01 | — | 91 | Healthcare | |
| UnitedHealth Group Incorporated | 0.17 | 0.08 | — | 76 | Healthcare | |
| KeyCorp | 0.26 | 0.38 | 0.42 | 79 | Financial Services | |
| Oscar Health, Inc. | 0.27 | 0.25 | — | 84 | Healthcare | |
| Rivian Automotive, Inc. | 0.35 | 0.42 | 0.46 | 63 | Consumer Cyclical |
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