SMHB correlations (ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN)
SMHB measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · US Listed
Volatility (ann.)
39.3%
3y weekly
Beta vs S&P 500
1.42
3y weekly
1-year return
+7.4%
price, adjusted
5-year return
-13.5%
price, adjusted
Max drawdown
-45.0%
3y, daily closes
SMHB over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with SMHB
Best diversifiers for SMHB
If the goal is offsetting SMHB, these tracked assets have historically moved the most on their own terms.
SMHB vs benchmarks
Get SMHB data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/smhb.jsonCorrelations, diversifiers, beta and volatility for SMHB, plus one endpoint per pair. API documentation.