Looking to diversify beyond SMDX? The ETFs below have the lowest correlation with SMDX — 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 SMDX.
Best Diversifiers for SMDX
189 ETFs have low correlation with SMDX (below 0.3), 36 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | — | — | 71 | Oil & Gas | SMDX vs DBE | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | SMDX vs BNO | |
| Invesco DB Oil Fund | -0.27 | — | — | 65 | Oil & Gas | SMDX vs DBO | |
| iShares Commodities Select Strategy ETF | -0.23 | — | — | 71 | Commodities | SMDX vs COMT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | -0.25 | -0.25 | 98 | Inflation-Protected Bonds | SMDX vs IBIC |
See all 1152 diversifiers for SMDX
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