Looking to diversify beyond SEMG? The ETFs below have historically moved differently from SEMG, 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 SEMG
240 ETFs have low correlation with SEMG (below 0.3), 49 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.30 | — | — | 51 | Cryptocurrency | SEMG vs BITI | |
| Invesco DB Energy Fund | -0.28 | — | — | 66 | Oil & Gas | SEMG vs DBE | |
| Invesco DB Oil Fund | -0.28 | — | — | 51 | Oil & Gas | SEMG vs DBO | |
| Strive U.S. Energy ETF | -0.25 | -0.24 | -0.24 | 68 | Energy Equities | SEMG vs DRLL | |
| ProShares Ultra Energy | -0.23 | — | — | 70 | Leveraged Equities | SEMG vs DIG |
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