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
1026 ETFs have low correlation with SDMF (below 0.3), 212 of which are negatively correlated. The least correlated is AltShares Event-Driven ETF (EVNT) (Event Driven) with a 1Y correlation of -0.29, roughly unchanged from -0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AltShares Event-Driven ETF | -0.29 | -0.29 | — | 63 | Event Driven, Long-Short | SDMF vs EVNT | |
| JPMorgan BetaBuilders MSCI US REIT ETF | -0.27 | -0.27 | -0.27 | 56 | REIT | SDMF vs BBRE | |
| Fidelity MSCI Health Care Index ETF | -0.23 | -0.23 | -0.23 | 57 | Health & Biotech Equities | SDMF vs FHLC | |
| Invesco KBW Premium Yield Equity REIT ETF | -0.23 | -0.23 | -0.23 | 58 | REIT, Dividend | SDMF vs KBWY | |
| ROBO Global Healthcare Technology and Innovation E... | -0.21 | -0.21 | -0.21 | 53 | Health & Biotech Equities | SDMF vs HTEC |
See all 1060 diversifiers for SDMF
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SDMF
Add SDMF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SDMF