Looking to diversify beyond SMCO? The ETFs below have the lowest correlation with SMCO — 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 SMCO.
Best Diversifiers for SMCO
143 ETFs have low correlation with SMCO (below 0.3), 17 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | SMCO vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | SMCO vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.10 | — | — | 95 | Inflation-Protected Bonds | SMCO vs IBID | |
| First Trust Alternative Absolute Return Strategy E... | -0.09 | — | — | 75 | Commodities | SMCO vs FAAR | |
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | — | — | 78 | Commodities | SMCO vs ISCMF |
See all 1054 diversifiers for SMCO
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Diversification Analysis
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