Looking to diversify beyond SDMF? The ETFs below have the lowest correlation with SDMF — 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 SDMF.
Best Diversifiers for SDMF
1085 ETFs have low correlation with SDMF (below 0.3), 312 of which are negatively correlated. The least correlated is Pacific Global Senior Loan ETF (FLRT) (High Yield Bonds) with a 1Y correlation of -0.21, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacific Global Senior Loan ETF | -0.21 | -0.21 | -0.21 | 86 | High Yield Bonds | SDMF vs FLRT | |
| Innovator Equity Defined Protection ETF - 2 Yr To ... | -0.21 | -0.21 | — | 97 | Options Trading | SDMF vs AAPR | |
| John Hancock Dynamic Municipal Bond ETF | -0.17 | — | — | 73 | Municipal Bonds | SDMF vs JHMU | |
| Global X Emerging Markets Bond ETF | -0.15 | -0.15 | -0.15 | 55 | Emerging Markets Bonds | SDMF vs EMBD | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -0.15 | -0.15 | -0.15 | 87 | High Yield Bonds | SDMF vs LDRH |
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