Looking to diversify beyond SVOL? The ETFs below have the lowest correlation with SVOL — 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 SVOL.
Best Diversifiers for SVOL
331 ETFs have low correlation with SVOL (below 0.3), 59 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 68 | Inverse Equities, Leveraged Equities | SVOL vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.37 | -0.30 | -0.30 | 57 | Cryptocurrency | SVOL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SVOL vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 70 | Derivative Income | SVOL vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.21 | -0.17 | -0.22 | 51 | Currency | SVOL vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SVOL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SVOL and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.18, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.18 | -0.01 | 0.08 | 66 | Utilities | |
| The Coca-Cola Company | -0.18 | 0.04 | 0.17 | 83 | Consumer Defensive | |
| Verizon Communications Inc. | -0.18 | 0.00 | 0.10 | 57 | Communication Services | |
| Altria Group, Inc. | -0.18 | -0.02 | 0.09 | 81 | Consumer Defensive | |
| The Southern Company | -0.13 | 0.01 | 0.10 | 58 | Utilities |
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