Looking to balance out your exposure to SMFG? The ETFs below have the lowest correlation with SMFG — they tend to move on their own, which can help reduce risk when SMFG drops. The stock ideas table highlights individual companies that behave independently from SMFG.
Best Diversifiers for SMFG
1 ETFs have low correlation with SMFG (below 0.3), 1 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.18, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.18 | -0.01 | 0.08 | 66 | Oil & Gas | SMFG vs USO | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.39 | 0.28 | 0.28 | 55 | Silver, Precious Metals | SMFG vs SLVP | |
| Amplify Junior Silver Miners ETF | 0.39 | 0.29 | 0.29 | 54 | Silver, Commodity Producers Equities, Precious Metals | SMFG vs SILJ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SMFG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SMFG and solid risk/return profiles. The least correlated is Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of -0.00, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | -0.00 | 0.13 | 0.18 | 86 | Energy | |
| Walmart Inc. | 0.06 | 0.05 | 0.11 | 63 | Consumer Defensive | |
| The Travelers Companies, Inc. | 0.11 | 0.13 | 0.25 | 51 | Financial Services | |
| Nebius Group N.V. | 0.11 | — | — | 97 | Communication Services | |
| Loews Corporation | 0.14 | 0.19 | 0.33 | 71 | Financial Services |
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