Looking to diversify beyond SMAY? The ETFs below have the lowest correlation with SMAY — 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 SMAY.
Best Diversifiers for SMAY
156 ETFs have low correlation with SMAY (below 0.3), 18 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.20, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | 0.01 | 0.01 | 98 | Inflation-Protected Bonds | SMAY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | 0.06 | 0.06 | 95 | Inflation-Protected Bonds | SMAY vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | 0.04 | 0.04 | 99 | Ultrashort Bond | SMAY vs CSHP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.07 | -0.06 | 100 | Government Bonds, Ultrashort Bond | SMAY vs BIL | |
| Brookstone Ultra-Short Bond ETF | -0.08 | 0.00 | 0.00 | 98 | Ultrashort Bond | SMAY vs BAMU |
See all 1140 diversifiers for SMAY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SMAY
Add SMAY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SMAY