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), 0 of which are negatively correlated. The least correlated is ARK Genomic Revolution Multi-Sector ETF (ARKG) (Health & Biotech Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Genomic Revolution Multi-Sector ETF | 0.29 | 0.30 | 0.28 | 51 | Health & Biotech Equities, Actively Managed | SMFG vs ARKG |
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 Vista Oil & Gas, S.A.B. de C.V. (VIST) (Energy) with a 1Y correlation of -0.06, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | -0.06 | 0.11 | 0.18 | 73 | Energy | |
| W. R. Berkley Corporation | -0.04 | 0.09 | 0.20 | 54 | Financial Services | |
| Petróleo Brasileiro S.A. - Petrobras | 0.01 | 0.12 | 0.18 | 82 | Energy | |
| The Allstate Corporation | 0.03 | 0.11 | 0.23 | 81 | Financial Services | |
| Walmart Inc. | 0.04 | 0.05 | 0.10 | 69 | Consumer Defensive |
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