Looking to diversify beyond SEIM? The ETFs below have the lowest correlation with SEIM — 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 SEIM.
Best Diversifiers for SEIM
298 ETFs have low correlation with SEIM (below 0.3), 84 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.09 | — | 71 | Oil & Gas | SEIM vs DBE | |
| United States Oil Fund LP | -0.33 | -0.08 | 0.06 | 66 | Oil & Gas | SEIM vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.07 | 0.06 | 65 | Oil & Gas | SEIM vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | SEIM vs USOY | |
| United States Gasoline Fund LP | -0.28 | -0.06 | 0.06 | 69 | Oil & Gas | SEIM vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SEIM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SEIM and solid risk/return profiles. The least correlated is D-Wave Quantum Inc (QBTS) (Technology) with a 1Y correlation of 0.45, roughly unchanged from 0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| D-Wave Quantum Inc | 0.45 | 0.40 | — | 59 | Technology |
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