Looking to balance out your exposure to SMFG? The ETFs below have historically moved differently from SMFG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.30, roughly unchanged from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Genomic Revolution Multi-Sector ETF | 0.30 | 0.31 | 0.29 | 63 | Health & Biotech Equities, Actively Managed | SMFG vs ARKG | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.40 | 0.27 | 0.27 | 50 | Silver, Precious Metals | SMFG vs SLVP | |
| JPMorgan Equity Premium Income ETF | 0.40 | 0.34 | 0.35 | 56 | Dividend, Derivative Income | SMFG vs JEPI | |
| First Trust RBA American Industrial Renaissance ET... | 0.44 | 0.35 | 0.38 | 63 | Building & Construction | SMFG vs AIRR | |
| Vanguard Industrials ETF | 0.45 | 0.37 | 0.40 | 56 | Industrials Equities | SMFG vs VIS |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SMFG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is W. R. Berkley Corporation (WRB) (Financial Services) with a 1Y correlation of -0.07, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| W. R. Berkley Corporation | -0.07 | 0.08 | 0.19 | 53 | Financial Services | |
| The Allstate Corporation | -0.03 | 0.10 | 0.21 | 83 | Financial Services | |
| Petróleo Brasileiro S.A. - Petrobras | -0.02 | 0.13 | 0.17 | 84 | Energy | |
| Walmart Inc. | -0.00 | 0.04 | 0.10 | 60 | Consumer Defensive | |
| The Travelers Companies, Inc. | 0.01 | 0.10 | 0.22 | 95 | Financial Services |
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