Looking to diversify beyond SMRI? The ETFs below have historically moved differently from SMRI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SMRI
246 ETFs have low correlation with SMRI (below 0.3), 17 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | — | — | 61 | Cryptocurrency | SMRI vs BITI | |
| Alpha Architect Tail Risk ETF | -0.25 | — | — | 56 | Options Trading | SMRI vs CAOS | |
| Invesco DB Energy Fund | -0.15 | — | — | 72 | Oil & Gas | SMRI vs DBE | |
| United States Brent Oil Fund LP | -0.12 | — | — | 52 | Oil & Gas | SMRI vs BNO | |
| Invesco DB Oil Fund | -0.12 | — | — | 58 | Oil & Gas | SMRI vs DBO |
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