Looking to diversify beyond SMLF? The ETFs below have the lowest correlation with SMLF — 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 SMLF.
Best Diversifiers for SMLF
193 ETFs have low correlation with SMLF (below 0.3), 29 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.25 | -0.03 | 0.12 | 55 | Oil & Gas | SMLF vs UGA | |
| ProShares UltraShort Yen | -0.19 | -0.07 | -0.04 | 63 | Leveraged Currency | SMLF vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | SMLF vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.04 | -0.03 | 100 | Government Bonds, Ultrashort Bond | SMLF vs USFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 95 | Inflation-Protected Bonds | SMLF vs IBID |
See all 1458 diversifiers for SMLF
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SMLF
Add SMLF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SMLF