30 ETFs to Consider for Your Investment Portfolio

Understanding correlation is crucial for building diversified portfolios.  Investors use correlation analysis to balance risk and return in their portfolios. By selecting ETFs with low or negative correlations, they can spread risk and enhance the stability of their investments. However, it’s important to note that correlations can change over time due to market conditions, economic factors, or other influences, so ongoing monitoring is essential for maintaining a well-diversified portfolio.

Here are 30 popular ETFs with relatively low correlation to one another for you to consider when constructing your investment portfolio:

1. AAXJ – iShares MSCI All Country Asia ex Japan: AAXJ provides exposure to equity markets across Asia, excluding Japan. It includes companies from various Asian countries.
2. ARKK – ARK Innovation: ARKK is managed by ARK Invest and focuses on innovative and disruptive companies in various sectors, including technology, genomics, and fintech.
3. DVY – iShares Select Dividend: DVY tracks the Dow Jones U.S. Select Dividend Index, which includes U.S. companies with a history of consistent dividend payments.
4. EEM – iShares MSCI Emerging Markets: EEM is an exchange-traded fund that tracks the performance of large and mid-cap companies in emerging markets. It provides exposure to a diverse range of countries and industries in developing economies.
5. EFA – iShares MSCI EAFE: EFA offers exposure to developed market equities in Europe, Australasia, and the Far East – EAFE), excluding the United States and Canada.
6. EZU – iShares MSCI Eurozone: EZU provides exposure to the Eurozone, consisting of countries that use the euro as their currency. It includes stocks from several European countries.
7. FVD – First Trust Value Line Dividend Index Fund: FVD tracks the Value Line Dividend Index and focuses on U.S. stocks that are expected to provide reliable and consistent dividend income.
8. GDX – VanEck Vectors Gold Miners: GDX is an ETF that focuses on gold mining companies. It offers investors exposure to the performance of companies involved in the extraction and production of gold.
9. GLD – SPDR Gold Trust: GLD is an ETF that holds physical gold bullion and provides a way for investors to gain exposure to the price of gold without owning the physical metal.
10. IJS – iShares S&P Small-Cap 600 Value: IJS tracks the S&P Small-Cap 600 Value Index and focuses on small-cap U.S. companies with a value-oriented investment approach.
11. IYR – iShares U.S. Real Estate: IYR tracks the performance of the U.S. real estate sector. It provides exposure to real estate investment trusts – REITs) and companies involved in various aspects of the real estate industry.
12. MDY – SPDR S&P MidCap 400 ETF Trust: MDY tracks the S&P MidCap 400 Index and offers exposure to medium-sized U.S. companies, falling between small-cap and large-cap stocks.
13. PFF – iShares Preferred and Income Securities: PFF is a popular exchange-traded fund (ETF) that primarily invests in U.S. preferred stocks and other income-producing securities.
14. QQQ – Invesco QQQ Trust: QQQ is an ETF that tracks the NASDAQ-100 Index, which includes 100 of the largest non-financial companies listed on the NASDAQ stock exchange. It is focused on technology and growth-oriented companies.
15. SCHB – Schwab U.S. Broad Market: SCHB aims to track the performance of the U.S. broad stock market by holding a diversified portfolio of U.S. equities, making it a general market ETF.
16. SLV – iShares Silver Trust: SLV provides exposure to the price of silver by holding physical silver bullion. It allows investors to gain exposure to the silver market without owning the physical metal.
17. SOXX – iShares PHLX Semiconductor: SOXX tracks the PHLX Semiconductor Sector Index and provides exposure to semiconductor manufacturers. It is focused on companies in the semiconductor industry.
18. SPY – SPDR S&P 500 ETF Trust: SPY is one of the most widely recognized ETFs and tracks the performance of the S&P 500, representing the 500 largest publicly traded companies in the United States.
19. TIP – iShares TIPS Bond: TIP is an ETF that invests in U.S. Treasury Inflation-Protected Securities – TIPS). These bonds are designed to protect investors from inflation.
20. TLT – iShares 20+ Year Treasury Bond: TLT focuses on long-term U.S. Treasury bonds, making it sensitive to interest rate changes. It is often used as a hedge against economic downturns.
21. VDE – Vanguard Energy: VDE tracks the performance of the U.S. energy sector, including companies involved in the production and exploration of energy resources such as oil and gas.
22. VNQ – Vanguard Real Estate: VNQ is another real estate ETF that provides exposure to the U.S. real estate market through a diversified portfolio of REITs and real estate-related companies.
23. VTI – Vanguard Total Stock Market: VTI aims to track the performance of the CRSP US Total Market Index, offering broad exposure to the entire U.S. stock market.
24. XLE – Energy Select Sector SPDR Fund: XLE tracks the Energy Select Sector Index and provides exposure to large U.S. energy companies, including those in the oil, gas, and energy exploration sectors.
25. XLF – Financial Select Sector SPDR Fund: XLF follows the Financial Select Sector Index and offers exposure to large U.S. financial companies, including banks, insurance companies, and other financial institutions.
26. XLK – Technology Select Sector SPDR Fund: XLK tracks the Technology Select Sector Index, focusing on large U.S. technology companies, including those in the software, hardware, and IT services sectors.
27. XLP – Consumer Staples Select Sector SPDR Fund: XLP follows the Consumer Staples Select Sector Index and provides exposure to U.S. companies in the consumer staples sector, including food, beverages, and household products.
28. XLU – Utilities Select Sector SPDR Fund: XLU tracks the Utilities Select Sector Index and provides exposure to U.S. utility companies, which are often considered defensive investments.
29. XLV – Health Care Select Sector SPDR Fund: XLV follows the Health Care Select Sector Index and offers exposure to large U.S. healthcare companies, including pharmaceuticals, biotechnology, and healthcare services.
30. XLY – Consumer Discretionary Select Sector SPDR Fund: XLY tracks the Consumer Discretionary Select Sector Index and focuses on U.S. consumer discretionary companies, including retail, media, and leisure businesses.