Looking to balance out your exposure to SMID? The ETFs below have the lowest correlation with SMID — they tend to move on their own, which can help reduce risk when SMID drops. The stock ideas table highlights individual companies that behave independently from SMID.
Best Diversifiers for SMID
0 ETFs have low correlation with SMID (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Extended Market ETF (VXF) (Mid Cap Blend Equities) with a 1Y correlation of 0.42, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Extended Market ETF | 0.42 | 0.37 | 0.32 | 55 | Mid Cap Blend Equities | SMID vs VXF |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SMID, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SMID and solid risk/return profiles. The least correlated is Adaro Energy Tbk PT ADR (ADOOY) (Energy) with a 1Y correlation of 0.02, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Adaro Energy Tbk PT ADR | 0.02 | 0.01 | 0.03 | 58 | Energy | |
| Applied Digital Corporation | 0.04 | 0.09 | 0.10 | 88 | Financial Services | |
| Centrus Energy Corp. | 0.05 | 0.13 | 0.16 | 55 | Energy | |
| Coca-Cola Consolidated, Inc. | 0.05 | 0.07 | 0.05 | 81 | Consumer Defensive | |
| United States Antimony Corporation | 0.08 | 0.14 | 0.15 | 80 | Basic Materials |
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