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
213 ETFs have low correlation with SIMS (below 0.3), 30 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | 0.02 | 0.13 | 71 | Oil & Gas | SIMS vs DBE | |
| United States Brent Oil Fund LP | -0.18 | 0.04 | 0.13 | 65 | Oil & Gas | SIMS vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | 0.01 | 0.01 | 98 | Inflation-Protected Bonds | SIMS vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 97 | Inflation-Protected Bonds | SIMS vs IBID | |
| Invesco DB Oil Fund | -0.16 | 0.05 | 0.14 | 65 | Oil & Gas | SIMS vs DBO |
See all 1161 diversifiers for SIMS
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