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
432 ETFs have low correlation with SPAM (below 0.3), 31 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.13, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.13 | -0.03 | -0.03 | 55 | Oil & Gas | SPAM vs UGA | |
| ProShares UltraShort Yen | -0.12 | -0.02 | -0.02 | 63 | Leveraged Currency | SPAM vs YCS | |
| Breakwave Tanker Shipping ETF | -0.10 | — | — | 98 | Commodities | SPAM vs BWET | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | SPAM vs CSHP | |
| iShares Core High Dividend ETF | -0.08 | 0.12 | 0.12 | 70 | Dividend, Large Cap Value Equities | SPAM vs HDV |
See all 1444 diversifiers for SPAM
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