Looking to diversify beyond SEF? The ETFs below have historically moved differently from SEF, 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 SEF
1263 ETFs have low correlation with SEF (below 0.3), 1218 of which are negatively correlated. The least correlated is Davis Select Financial ETF (DFNL) (Financials Equities) with a 1Y correlation of -0.88, roughly unchanged from -0.92 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Davis Select Financial ETF | -0.88 | -0.90 | -0.92 | 52 | Financials Equities | SEF vs DFNL | |
| iShares Global Financials ETF | -0.87 | -0.90 | -0.92 | 65 | Financials Equities | SEF vs IXG | |
| Invesco KBW Bank ETF | -0.83 | -0.86 | -0.89 | 65 | Financials Equities | SEF vs KBWB | |
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | -0.82 | — | — | 55 | Leveraged Equities | SEF vs BNKU | |
| First Trust Nasdaq Bank ETF | -0.80 | -0.82 | -0.85 | 51 | Financials Equities | SEF vs FTXO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SEF
Add SEF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SEF