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
1147 ETFs have low correlation with SPAQ (below 0.3), 469 of which are negatively correlated. The least correlated is abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) (Commodities) with a 1Y correlation of -0.15, roughly unchanged from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| abrdn Bloomberg All Commodity Longer Dated Strateg... | -0.15 | -0.07 | — | 71 | Commodities | SPAQ vs BCD | |
| AAF First Priority CLO Bond ETF | -0.14 | -0.09 | — | 85 | CLO | SPAQ vs AAA | |
| Invesco Electric Vehicle Metals Commodity Strategy... | -0.14 | -0.07 | — | 85 | Commodities | SPAQ vs EVMT | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.13 | -0.07 | — | 71 | Commodities | SPAQ vs COMB | |
| Unlimited HFGM Global Macro ETF | -0.13 | -0.09 | -0.09 | 55 | Macro Trading | SPAQ vs HFGM |
See all 1147 diversifiers for SPAQ
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