Looking to diversify beyond SEMI? The ETFs below have the lowest correlation with SEMI — 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 SEMI.
Best Diversifiers for SEMI
398 ETFs have low correlation with SEMI (below 0.3), 103 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.40 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SEMI vs SBIT | |
| ProShares Short Bitcoin ETF | -0.40 | -0.32 | -0.35 | 57 | Cryptocurrency | SEMI vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.42 | -0.42 | 68 | Inverse Equities, Leveraged Equities | SEMI vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | -0.38 | -0.38 | 70 | Derivative Income | SEMI vs WNTR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.25 | 0.08 | 0.27 | 76 | Large Cap Value Equities, Dividend | SEMI vs FDL |
See all 1551 diversifiers for SEMI
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