ETF Diversification Finder
Enter a portfolio and we scan every ETF with 10+ years of history for the ones that most improve your risk-adjusted return (Sharpe ratio). A “free lunch” pick adds return and cuts risk at the same time.
State Street SPDR S&P 500 ETF Trust1993-02-28 → 2026-06-30click to change
%
iShares Core U.S. Aggregate Bond ETF2005-03-31 → 2026-06-30click to change
%
Total 100%
Your portfolio today
Sharpe 0.71 · Sortino 1.09 · 9.58% return · 10.23% volatility
Scanned 406 ETFs over 2016-07-31 → 2026-06-30 (10y).
Best diversifiers for your portfolio
Add35%
New Sharpe0.87 +0.16
New Sortino1.43 +0.34
Return+0.8%
Risk-0.9%
Correlation0.21
DXJWisdomTree Japan Hedged Equity Fund
Add40%
New Sharpe1.03 +0.32
New Sortino1.63 +0.54
Return+3.6%
Risk+0.4%
Correlation0.53
SMHVanEck Semiconductor ETF
Add30%
New Sharpe0.97 +0.26
New Sortino2.14 +1.05
Return+11.3%
Risk+8.9%
Correlation0.43
XLKState Street Technology Select Sector SPDR ETF
Add40%
New Sharpe0.95 +0.23
New Sortino1.58 +0.50
Return+6.0%
Risk+3.8%
Correlation0.88
UUPInvesco DB USD Index Bullish Fund ETF
Add40%
New Sharpe0.88 +0.17
New Sortino1.42 +0.34
Return-2.5%
Risk-4.8%
Correlation-0.46
PTFInvesco Dorsey Wright Technology Momentum ETF
Add40%
New Sharpe0.88 +0.17
New Sortino1.5 +0.41
Return+6.9%
Risk+5.9%
Correlation0.78
“Add” is the allocation (blended in, scaling your current holdings down proportionally) that maximizes the new Sharpe ratio, capped at 40%. Return / Risk show the change in annualized return and volatility versus your current portfolio, over the common history shown above. Lower correlation means a better diversifier. Results are historical, not a recommendation — see the disclosures.