Looking to diversify beyond SMST? The ETFs below have the lowest correlation with SMST — 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 SMST.
Best Diversifiers for SMST
1135 ETFs have low correlation with SMST (below 0.3), 1116 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | -0.63 | — | — | 87 | Blockchain, Equity Hedged | SMST vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | -0.62 | — | — | 83 | Blockchain | SMST vs DECO | |
| SPDR Bloomberg Barclays Convertible Securities ETF | -0.54 | — | — | 66 | Preferred Stock/Convertible Bonds | SMST vs CWB | |
| KraneShares Artificial Intelligence & Technology E... | -0.54 | — | — | 52 | Technology Equities | SMST vs AGIX | |
| iShares Convertible Bond ETF | -0.53 | — | — | 74 | Preferred Stock/Convertible Bonds | SMST vs ICVT |
See all 1137 diversifiers for SMST
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Diversification Analysis
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