Looking to diversify beyond SMMD? The ETFs below have the lowest correlation with SMMD — 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 SMMD.
Best Diversifiers for SMMD
192 ETFs have low correlation with SMMD (below 0.3), 24 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.22 | -0.02 | 0.11 | 55 | Oil & Gas | SMMD vs UGA | |
| ProShares UltraShort Yen | -0.20 | -0.09 | -0.04 | 63 | Leveraged Currency | SMMD vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.04 | -0.04 | 100 | Government Bonds, Ultrashort Bond | SMMD vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | SMMD vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | SMMD vs CSHP |
See all 1457 diversifiers for SMMD
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