Looking to balance out your exposure to SFM? The ETFs below have the lowest correlation with SFM — they tend to move on their own, which can help reduce risk when SFM drops. The stock ideas table highlights individual companies that behave independently from SFM.
Best Diversifiers for SFM
31 ETFs have low correlation with SFM (below 0.3), 25 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of -0.15, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | -0.15 | 0.09 | 0.12 | 96 | Semiconductors, Technology Equities | SFM vs SMH | |
| ProShares Ultra Semiconductors | -0.14 | 0.11 | 0.13 | 90 | Leveraged Equities, Semiconductors | SFM vs USD | |
| Global X Copper Miners ETF | -0.12 | 0.07 | 0.10 | 75 | Materials | SFM vs COPX | |
| First Trust RBA American Industrial Renaissance ET... | -0.11 | 0.22 | 0.24 | 78 | Building & Construction | SFM vs AIRR | |
| iShares Core S&P U.S. Growth ETF | -0.09 | 0.16 | 0.19 | 59 | Large Cap Growth Equities | SFM vs IUSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SFM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SFM and solid risk/return profiles. The least correlated is Marvell Technology Group Ltd. (MRVL) (Technology) with a 1Y correlation of -0.17, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marvell Technology Group Ltd. | -0.17 | 0.11 | 0.12 | 98 | Technology | |
| Micron Technology, Inc. | -0.17 | 0.04 | 0.07 | 99 | Technology | |
| Monolithic Power Systems, Inc. | -0.15 | 0.09 | 0.11 | 93 | Technology | |
| Celestica Inc. | -0.15 | 0.10 | 0.12 | 94 | Technology | |
| Applied Materials, Inc. | -0.15 | 0.06 | 0.08 | 96 | Technology |
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Build a portfolio that complements SFM
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