Looking to diversify beyond KSPY? The ETFs below have the lowest correlation with KSPY — 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 KSPY.
Best Diversifiers for KSPY
429 ETFs have low correlation with KSPY (below 0.3), 77 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 | -0.42 | — | — | 60 | Inverse Equities | KSPY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | KSPY vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | KSPY vs SBIT | |
| ProShares Short Bitcoin ETF | -0.41 | -0.39 | -0.39 | 57 | Cryptocurrency | KSPY vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | KSPY vs WNTR |
See all 2038 diversifiers for KSPY
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