Looking to diversify beyond SDMF? The ETFs below have historically moved differently from SDMF, 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 SDMF
1139 ETFs have low correlation with SDMF (below 0.3), 293 of which are negatively correlated. The least correlated is Fidelity Real Estate Investment ETF (FPRO) (REIT) with a 1Y correlation of -0.31, roughly unchanged from -0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Real Estate Investment ETF | -0.31 | -0.31 | -0.31 | 52 | REIT | SDMF vs FPRO | |
| JPMorgan Realty Income ETF | -0.26 | -0.26 | -0.26 | 52 | REIT | SDMF vs JPRE | |
| iShares Cohen & Steers REIT ETF | -0.25 | -0.25 | -0.25 | 54 | REIT | SDMF vs ICF | |
| Direxion Daily Healthcare Bull 3x Shares | -0.25 | -0.25 | -0.25 | 63 | Leveraged Equities, Healthcare Equities | SDMF vs CURE | |
| First Trust Value Line Dividend Index Fund | -0.23 | -0.23 | -0.23 | 57 | Mid Cap Value Equities, Dividend | SDMF vs FVD |
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