Looking to diversify beyond SMN? The ETFs below have the lowest correlation with SMN — 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 SMN.
Best Diversifiers for SMN
1135 ETFs have low correlation with SMN (below 0.3), 1122 of which are negatively correlated. The least correlated is JPMorgan Diversified Return US Equity ETF (JPUS) (Large Cap Blend Equities) with a 1Y correlation of -0.79, roughly unchanged from -0.83 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Diversified Return US Equity ETF | -0.79 | -0.81 | -0.83 | 77 | Large Cap Blend Equities | SMN vs JPUS | |
| JPMorgan Diversified Return US Mid Cap Equity ETF | -0.79 | -0.81 | -0.83 | 70 | Mid Cap Blend Equities | SMN vs JPME | |
| iShares Russell Mid-Cap Value ETF | -0.78 | -0.81 | -0.83 | 75 | Mid Cap Value Equities | SMN vs IWS | |
| ALPS Equal Sector Weight ETF | -0.77 | -0.80 | -0.81 | 69 | Large Cap Blend Equities | SMN vs EQL | |
| iShares U.S. Infrastructure ETF | -0.77 | -0.78 | -0.81 | 64 | Industrials Equities | SMN vs IFRA |
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