Looking to diversify beyond SPAQ? The ETFs below have historically moved differently from SPAQ, 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 SPAQ
1294 ETFs have low correlation with SPAQ (below 0.3), 270 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.15, down from -0.02 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.15 | -0.02 | — | 60 | Commodities | SPAQ vs FAAR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 96 | Inflation-Protected Bonds | SPAQ vs IBID | |
| iShares MSCI Malaysia ETF | -0.14 | -0.04 | -0.03 | 57 | Asia Pacific Equities | SPAQ vs EWM | |
| Strive U.S. Energy ETF | -0.14 | -0.06 | — | 68 | Energy Equities | SPAQ vs DRLL | |
| abrdn Bloomberg All Commodity Longer Dated Strateg... | -0.13 | -0.06 | — | 72 | Commodities | SPAQ vs BCD |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SPAQ
Add SPAQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPAQ