Looking to diversify beyond SPAQ? The ETFs below have the lowest correlation with SPAQ — 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 SPAQ.
Best Diversifiers for SPAQ
1059 ETFs have low correlation with SPAQ (below 0.3), 274 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.14, down from -0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.01 | — | 77 | Commodities | SPAQ vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.13 | -0.05 | — | 58 | Commodities | SPAQ vs FTGC | |
| AAF First Priority CLO Bond ETF | -0.12 | -0.09 | — | 86 | CLO | SPAQ vs AAA | |
| Global X Rare Earth & Critical Materials ETF | -0.11 | -0.01 | — | 65 | Rare Earth & Strategic Metals | SPAQ vs EART | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.11 | -0.02 | -0.02 | 96 | Inflation-Protected Bonds | SPAQ vs IBID |
See all 1059 diversifiers for SPAQ
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