Looking to diversify beyond SMDV? The ETFs below have the lowest correlation with SMDV — 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 SMDV.
Best Diversifiers for SMDV
417 ETFs have low correlation with SMDV (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.12 | -0.06 | 61 | Leveraged Currency | SMDV vs YCS | |
| VanEck Commodity Strategy ETF | -0.16 | -0.02 | — | 55 | Commodities | SMDV vs PIT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | SMDV vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.03 | -0.04 | 100 | Government Bonds, Ultrashort Bond | SMDV vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | 0.01 | 0.01 | 99 | Ultrashort Bond | SMDV vs CSHP |
See all 1577 diversifiers for SMDV
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