Looking to diversify beyond SPBU? The ETFs below have the lowest correlation with SPBU — 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 SPBU.
Best Diversifiers for SPBU
188 ETFs have low correlation with SPBU (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.45 | -0.45 | 57 | Cryptocurrency | SPBU vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.13 | -0.13 | 53 | Oil & Gas | SPBU vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | SPBU vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 96 | Inflation-Protected Bonds | SPBU vs IBID | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | -0.04 | -0.04 | 51 | Commodities | SPBU vs GSG |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SPBU
Add SPBU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPBU