Looking to diversify beyond SMST? The ETFs below have historically moved differently from SMST, 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 SMST
1268 ETFs have low correlation with SMST (below 0.3), 1244 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | -0.62 | — | — | 89 | Blockchain, Equity Hedged | SMST vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | -0.61 | — | — | 86 | Blockchain | SMST vs DECO | |
| KraneShares Artificial Intelligence & Technology E... | -0.55 | — | — | 53 | Artificial Intelligence, Technology Equities | SMST vs AGIX | |
| SPDR Bloomberg Barclays Convertible Securities ETF | -0.54 | — | — | 62 | Convertible Bonds | SMST vs CWB | |
| iShares Micro-Cap ETF | -0.54 | — | — | 87 | Small Cap Blend Equities | SMST vs IWC |
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