Looking to diversify beyond SKRE? The ETFs below have the lowest correlation with SKRE — 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 SKRE.
Best Diversifiers for SKRE
1150 ETFs have low correlation with SKRE (below 0.3), 1130 of which are negatively correlated. The least correlated is WisdomTree U.S. SmallCap Dividend Fund (DES) (Small Cap Blend Equities) with a 1Y correlation of -0.84, roughly unchanged from -0.83 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree U.S. SmallCap Dividend Fund | -0.84 | -0.83 | -0.83 | 62 | Small Cap Blend Equities, Dividend | SKRE vs DES | |
| Invesco KBW Bank ETF | -0.83 | -0.87 | -0.87 | 58 | Financials Equities | SKRE vs KBWB | |
| Dimensional U.S. Targeted Value ETF | -0.82 | -0.82 | -0.82 | 62 | Small Cap Value Equities | SKRE vs DFAT | |
| EA Bridgeway Omni Small-Cap Value ETF | -0.81 | -0.82 | — | 80 | Small Cap Value Equities | SKRE vs BSVO | |
| Dimensional US Small Cap Value ETF | -0.81 | -0.82 | -0.82 | 66 | Small Cap Value Equities | SKRE vs DFSV |
See all 1150 diversifiers for SKRE
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