Looking to diversify beyond SMB? The ETFs below have historically moved differently from SMB, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SMB
1532 ETFs have low correlation with SMB (below 0.3), 102 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.25, down from -0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.25 | -0.10 | -0.06 | 58 | Oil & Gas | SMB vs DBO | |
| United States Brent Oil Fund LP | -0.23 | -0.10 | -0.05 | 52 | Oil & Gas | SMB vs BNO | |
| Invesco DB Energy Fund | -0.23 | -0.10 | -0.06 | 72 | Oil & Gas | SMB vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | -0.08 | -0.02 | 67 | Commodities | SMB vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.22 | -0.09 | -0.03 | 58 | Commodities | SMB vs COMT |
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