Looking to diversify beyond USMV? The ETFs below have the lowest correlation with USMV — 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 USMV.
Best Diversifiers for USMV
595 ETFs have low correlation with USMV (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.20 | -0.09 | -0.07 | 61 | Leveraged Currency | USMV vs YCS | |
| United States 12 Month Oil Fund LP | -0.17 | -0.05 | 0.04 | 56 | Oil & Gas | USMV vs USL | |
| Invesco DB Energy Fund | -0.16 | -0.06 | 0.05 | 71 | Oil & Gas | USMV vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.16 | -0.05 | 0.04 | 55 | Oil & Gas | USMV vs OILK | |
| Invesco DB Oil Fund | -0.16 | -0.06 | 0.04 | 65 | Oil & Gas | USMV vs DBO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from USMV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USMV and solid risk/return profiles. The least correlated is Micron Technology, Inc. (MU) (Technology) with a 1Y correlation of -0.05, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | -0.05 | 0.13 | 0.26 | 99 | Technology | |
| Lumentum Holdings Inc. | -0.02 | 0.20 | 0.30 | 99 | Technology | |
| Credo Technology Group Holding Ltd | -0.02 | 0.15 | 0.23 | 85 | Technology | |
| Centrus Energy Corp. | 0.01 | 0.16 | 0.23 | 55 | Energy | |
| NVIDIA Corporation | 0.01 | 0.13 | 0.29 | 78 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements USMV
Add USMV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with USMV