Looking to diversify beyond SMDD? The ETFs below have the lowest correlation with SMDD — 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 SMDD.
Best Diversifiers for SMDD
1158 ETFs have low correlation with SMDD (below 0.3), 1125 of which are negatively correlated. The least correlated is Vanguard S&P Mid-Cap 400 ETF (IVOO) (Small Cap Growth Equities) 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 | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P Mid-Cap 400 ETF | -1.00 | -1.00 | -1.00 | 51 | Small Cap Growth Equities | SMDD vs IVOO | |
| iShares Core S&P Mid-Cap ETF | -1.00 | -1.00 | -1.00 | 51 | Mid Cap Blend Equities | SMDD vs IJH | |
| JPMorgan Small & Mid Cap Enhanced Equity ETF | -0.98 | -0.99 | -0.99 | 64 | Small Cap Blend Equities | SMDD vs JMEE | |
| John Hancock Multifactor Mid Cap ETF | -0.97 | -0.98 | -0.98 | 55 | Mid Cap Growth Equities | SMDD vs JHMM | |
| iShares Morningstar Small-Cap ETF | -0.97 | -0.97 | -0.97 | 56 | Small Cap Blend Equities | SMDD vs ISCB |
See all 1158 diversifiers for SMDD
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Diversification Analysis
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