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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

486 ETFs have low correlation with SMIN (below 0.3), 53 of which are negatively correlated.


See all 1567 diversifiers for SMIN

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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 -0.28, down from 0.09 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
EOG Resources, Inc.-0.28-0.000.09
52
Energy
Suncor Energy Inc.-0.230.020.13
83
Energy
Altria Group, Inc.-0.150.010.09
70
Consumer Defensive
Enterprise Products Partners L.P.-0.130.030.14
82
Energy
Valaris Limited-0.060.100.16
80
Energy
See all 49 low-correlation stocks for SMIN

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Diversification Analysis

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