Looking to diversify beyond SMIN? The ETFs below have the lowest correlation with SMIN — 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 SMIN.
Best Diversifiers for SMIN
546 ETFs have low correlation with SMIN (below 0.3), 91 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.13 | 0.00 | 53 | Oil & Gas | SMIN vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | -0.06 | 0.04 | 51 | Commodities | SMIN vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.28 | — | — | 98 | Inflation-Protected Bonds | SMIN vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | SMIN vs RBIL | |
| United States Gasoline Fund LP | -0.27 | -0.11 | 0.00 | 78 | Oil & Gas | SMIN vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SMIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SMIN and solid risk/return profiles. The least correlated is EOG Resources, Inc. (EOG) (Energy) with a 1Y correlation of -0.29, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| EOG Resources, Inc. | -0.29 | -0.02 | 0.09 | 63 | Energy | |
| Suncor Energy Inc. | -0.22 | 0.01 | 0.12 | 89 | Energy | |
| Enterprise Products Partners L.P. | -0.15 | 0.01 | 0.13 | 87 | Energy | |
| Altria Group, Inc. | -0.14 | -0.02 | 0.07 | 81 | Consumer Defensive | |
| Energy Transfer LP | -0.07 | 0.09 | 0.18 | 84 | Energy |
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