Looking to diversify beyond SEMY? The ETFs below have the lowest correlation with SEMY — 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 SEMY.
Best Diversifiers for SEMY
0 ETFs have low correlation with SEMY (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Nasdaq BuyWrite Income ETF (FTQI) (Nasdaq-100) with a 1Y correlation of 0.73, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Nasdaq BuyWrite Income ETF | 0.73 | 0.73 | 0.73 | 92 | Nasdaq-100, Derivative Income | SEMY vs FTQI | |
| Vanguard S&P 500 ETF | 0.73 | 0.73 | 0.73 | 66 | S&P 500 | SEMY vs VOO |
Diversification Analysis
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