Looking to balance out your exposure to SMCI? The ETFs below have historically moved differently from SMCI, 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 SMCI
87 ETFs have low correlation with SMCI (below 0.3), 17 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.12, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.12 | -0.00 | 0.12 | 91 | Dividend, Large Cap Value Equities | SMCI vs HDV | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.01 | -0.01 | 100 | Ultrashort Bond | SMCI vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.03 | -0.04 | 100 | Government Bonds, Ultrashort Bond | SMCI vs USFR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.08 | 0.06 | 0.16 | 92 | Large Cap Value Equities, Dividend | SMCI vs FDL | |
| Franklin U.S. Low Volatility High Dividend Index E... | -0.08 | -0.01 | 0.08 | 58 | Dividend, Low Volatility | SMCI vs LVHD |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SMCI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Arch Capital Group Ltd. (ACGL) (Financial Services) with a 1Y correlation of -0.35, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arch Capital Group Ltd. | -0.35 | -0.10 | 0.04 | 65 | Financial Services | |
| W. R. Berkley Corporation | -0.34 | -0.16 | -0.02 | 53 | Financial Services | |
| Chubb Limited | -0.33 | -0.15 | -0.01 | 87 | Financial Services | |
| Altria Group, Inc. | -0.32 | -0.19 | -0.10 | 66 | Consumer Defensive | |
| Consolidated Edison, Inc. | -0.27 | -0.19 | -0.11 | 56 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SMCI
Add SMCI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SMCI