Looking to diversify beyond DSPY? The ETFs below have the lowest correlation with DSPY — 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 DSPY.
Best Diversifiers for DSPY
342 ETFs have low correlation with DSPY (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | — | — | 71 | Oil & Gas | DSPY vs DBE | |
| United States Oil Fund LP | -0.30 | -0.19 | -0.19 | 66 | Oil & Gas | DSPY vs USO | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | DSPY vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | -0.17 | -0.17 | 56 | Derivative Income | DSPY vs USOY | |
| United States 12 Month Oil Fund LP | -0.26 | -0.15 | -0.15 | 56 | Oil & Gas | DSPY vs USL |
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