Looking to balance out your exposure to SIM? The ETFs below have the lowest correlation with SIM — they tend to move on their own, which can help reduce risk when SIM drops. The stock ideas table highlights individual companies that behave independently from SIM.
Best Diversifiers for SIM
1 ETFs have low correlation with SIM (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) (Gold) with a 1Y correlation of 0.05, roughly unchanged from 0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.05 | 0.05 | — | 52 | Gold | SIM vs GDE |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SIM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SIM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of 0.03, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.03 | -0.02 | 0.05 | 73 | Consumer Defensive |
Build a portfolio that complements SIM
Add SIM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SIM