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Looking to diversify beyond SEMI? The ETFs below have historically moved differently from SEMI, 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 SEMI

487 ETFs have low correlation with SEMI (below 0.3), 151 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, down from -0.32 over 3 years.

How candidates are selected

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