Looking to diversify beyond USMV? The ETFs below have historically moved differently from USMV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for USMV
651 ETFs have low correlation with USMV (below 0.3), 38 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 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.20 | -0.10 | 0.02 | 66 | Oil & Gas | USMV vs DBE | |
| Invesco DB Oil Fund | -0.19 | -0.10 | 0.02 | 51 | Oil & Gas | USMV vs DBO | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.19 | — | — | 69 | Derivative Income | USMV vs WNTR | |
| ProShares Short Bitcoin ETF | -0.18 | -0.19 | — | 51 | Cryptocurrency | USMV vs BITI | |
| United States Gasoline Fund, LP | -0.18 | -0.07 | 0.03 | 83 | Oil & Gas | USMV vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for USMV, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Western Digital Corporation (WDC) (Technology) with a 1Y correlation of -0.10, down from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Western Digital Corporation | -0.10 | 0.13 | 0.29 | 99 | Technology | |
| Micron Technology, Inc. | -0.06 | 0.11 | 0.26 | 99 | Technology | |
| Credo Technology Group Holding Ltd | -0.05 | 0.12 | 0.21 | 77 | Technology | |
| Seagate Technology plc | -0.04 | 0.19 | 0.33 | 99 | Technology | |
| Core Scientific, Inc. | -0.04 | 0.15 | 0.15 | 76 | 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