Looking to diversify beyond SPAM? The ETFs below have the lowest correlation with SPAM — 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 SPAM.
Best Diversifiers for SPAM
362 ETFs have low correlation with SPAM (below 0.3), 48 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.16 | — | — | 71 | Oil & Gas | SPAM vs DBE | |
| United States Brent Oil Fund LP | -0.15 | — | — | 65 | Oil & Gas | SPAM vs BNO | |
| Breakwave Tanker Shipping ETF | -0.12 | — | — | 99 | Commodities | SPAM vs BWET | |
| Invesco DB Oil Fund | -0.11 | -0.01 | -0.01 | 65 | Oil & Gas | SPAM vs DBO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 100 | Ultrashort Bond | SPAM vs CSHP |
See all 1152 diversifiers for SPAM
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Diversification Analysis
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