Looking to diversify beyond SVAL? The ETFs below have the lowest correlation with SVAL — 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 SVAL.
Best Diversifiers for SVAL
316 ETFs have low correlation with SVAL (below 0.3), 57 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | 0.03 | 0.16 | 71 | Oil & Gas | SVAL vs DBE | |
| United States Oil Fund LP | -0.23 | 0.04 | 0.15 | 66 | Oil & Gas | SVAL vs USO | |
| United States Brent Oil Fund LP | -0.22 | 0.04 | 0.15 | 65 | Oil & Gas | SVAL vs BNO | |
| United States 12 Month Oil Fund LP | -0.22 | 0.06 | 0.17 | 56 | Oil & Gas | SVAL vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.21 | 0.06 | 0.17 | 55 | Oil & Gas | SVAL vs OILK |
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