Looking to diversify beyond SMAP? The ETFs below have the lowest correlation with SMAP — 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 SMAP.
Best Diversifiers for SMAP
184 ETFs have low correlation with SMAP (below 0.3), 31 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.24, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.24 | -0.09 | -0.09 | 71 | Oil & Gas | SMAP vs DBE | |
| United States Brent Oil Fund LP | -0.22 | — | — | 65 | Oil & Gas | SMAP vs BNO | |
| Invesco DB Oil Fund | -0.20 | — | — | 65 | Oil & Gas | SMAP vs DBO | |
| iShares Commodities Select Strategy ETF | -0.15 | -0.02 | -0.02 | 72 | Commodities | SMAP vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | — | — | 72 | Commodities | SMAP vs GSG |
See all 1192 diversifiers for SMAP
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