Looking to diversify beyond ISPY? The ETFs below have historically moved differently from ISPY, 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 ISPY
428 ETFs have low correlation with ISPY (below 0.3), 87 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.52 | — | — | 52 | Inverse Equities | ISPY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.51 | — | — | 61 | Inverse Equities, Leveraged Equities | ISPY vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.50 | — | — | 75 | Derivative Income | ISPY vs WNTR | |
| ProShares Short Bitcoin ETF | -0.49 | — | — | 61 | Cryptocurrency | ISPY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.49 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ISPY vs SBIT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ISPY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.27, down from -0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.27 | -0.04 | -0.04 | 90 | Consumer Defensive | |
| Altria Group, Inc. | -0.23 | -0.08 | -0.08 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.23 | -0.09 | -0.09 | 56 | Utilities | |
| Chubb Limited | -0.22 | 0.01 | 0.01 | 89 | Financial Services | |
| Exxon Mobil Corporation | -0.21 | 0.01 | 0.01 | 84 | Energy |
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