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
550 ETFs have low correlation with SPAM (below 0.3), 67 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 70 | Inverse Equities, Leveraged Equities | SPAM vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 73 | Derivative Income | SPAM vs WNTR | |
| ProShares Short Bitcoin ETF | -0.39 | — | — | 52 | Cryptocurrency | SPAM vs BITI | |
| iShares Core High Dividend ETF | -0.13 | — | — | 85 | Dividend, Large Cap Value Equities | SPAM vs HDV | |
| Breakwave Tanker Shipping ETF | -0.12 | — | — | 99 | Commodities | SPAM vs BWET |
See all 1554 diversifiers for SPAM
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Diversification Analysis
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