Looking to diversify beyond ISPY? The ETFs below have the lowest correlation with ISPY — 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 ISPY.
Best Diversifiers for ISPY
353 ETFs have low correlation with ISPY (below 0.3), 55 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | — | — | 53 | Inverse Equities | ISPY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 60 | Inverse Equities, Leveraged Equities | ISPY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 65 | Derivative Income | ISPY vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.26 | — | — | 51 | Multistrategy | ISPY vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | ISPY vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ISPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ISPY and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.24, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.24 | -0.03 | -0.03 | 82 | Consumer Defensive | |
| Waste Management, Inc. | -0.23 | 0.05 | 0.05 | 51 | Industrials | |
| Altria Group, Inc. | -0.22 | -0.08 | -0.08 | 79 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.18 | 0.03 | 0.03 | 71 | Energy | |
| Chevron Corporation | -0.17 | 0.03 | 0.03 | 67 | Energy |
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