Looking to diversify beyond SPBC? The ETFs below have the lowest correlation with SPBC — 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 SPBC.
Best Diversifiers for SPBC
211 ETFs have low correlation with SPBC (below 0.3), 26 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.21 | -0.05 | 0.09 | 55 | Oil & Gas | SPBC vs UGA | |
| ProShares UltraShort Yen | -0.17 | -0.02 | -0.02 | 63 | Leveraged Currency | SPBC vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | SPBC vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | SPBC vs CSHP | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 98 | Ultrashort Bond | SPBC vs BAMU |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPBC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPBC and solid risk/return profiles. The least correlated is Riot Platforms, Inc. (RIOT) (Technology) with a 1Y correlation of 0.63, roughly unchanged from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Riot Platforms, Inc. | 0.63 | 0.64 | 0.66 | 88 | Technology |
Build a portfolio that complements SPBC
Add SPBC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPBC