Looking to diversify beyond SIMS? The ETFs below have the lowest correlation with SIMS — 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 SIMS.
Best Diversifiers for SIMS
211 ETFs have low correlation with SIMS (below 0.3), 18 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.37 | — | 57 | Cryptocurrency | SIMS vs BITI | |
| Invesco DB Energy Fund | -0.19 | -0.01 | 0.12 | 53 | Oil & Gas | SIMS vs DBE | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | — | — | 96 | Inflation-Protected Bonds | SIMS vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | SIMS vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.07 | 0.08 | 0.18 | 51 | Commodities | SIMS vs GSG |
See all 1136 diversifiers for SIMS
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