Looking to balance out your exposure to SMCI? The ETFs below have the lowest correlation with SMCI — they tend to move on their own, which can help reduce risk when SMCI drops. The stock ideas table highlights individual companies that behave independently from SMCI.
Best Diversifiers for SMCI
62 ETFs have low correlation with SMCI (below 0.3), 7 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.12, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.12 | 0.00 | 0.00 | 100 | Ultrashort Bond | SMCI vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.02 | -0.04 | 100 | Government Bonds, Ultrashort Bond | SMCI vs USFR | |
| iShares Core High Dividend ETF | -0.08 | 0.02 | 0.14 | 70 | Dividend, Large Cap Value Equities | SMCI vs HDV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.02 | 0.01 | 100 | Government Bonds, Ultrashort Bond | SMCI vs BIL | |
| F/m US Treasury 3 Month Bill ETF | -0.04 | -0.02 | — | 100 | Ultrashort Bond | SMCI vs TBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SMCI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SMCI and solid risk/return profiles. The least correlated is BHP Group Limited (BHP) (Basic Materials) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BHP Group Limited | -1.00 | -1.00 | -1.00 | 91 | Basic Materials | |
| Chubb Limited | -0.31 | -0.14 | 0.01 | 69 | Financial Services | |
| Consolidated Edison, Inc. | -0.26 | -0.18 | -0.10 | 61 | Utilities | |
| Altria Group, Inc. | -0.26 | -0.16 | -0.07 | 72 | Consumer Defensive | |
| The Coca-Cola Company | -0.23 | -0.15 | -0.05 | 74 | Consumer Defensive |
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