Looking to diversify beyond SMOM? The ETFs below have the lowest correlation with SMOM — 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 SMOM.
Best Diversifiers for SMOM
1 ETFs have low correlation with SMOM (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco DWA Energy Momentum ETF (PXI) (Momentum) with a 1Y correlation of 0.11, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DWA Energy Momentum ETF | 0.11 | 0.11 | 0.11 | 63 | Momentum, Energy Equities | SMOM vs PXI | |
| Return Stacked US Stocks & Futures Yield ETF | 0.54 | 0.54 | 0.54 | 93 | Large Cap Blend Equities | SMOM vs RSSY | |
| Invesco S&P SmallCap Value with Momentum ETF | 0.56 | 0.56 | 0.56 | 58 | Momentum, Small Cap Value Equities | SMOM vs XSVM | |
| Bridges Capital Tactical ETF | 0.71 | 0.71 | 0.71 | 74 | Large Cap Blend Equities | SMOM vs BDGS | |
| First Trust Dorsey Wright Momentum & Value ETF | 0.72 | 0.72 | 0.72 | 63 | Momentum, Mid Cap Value Equities | SMOM vs DVLU |
See all 14 diversifiers for SMOM
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