Looking to diversify beyond SPBW? The ETFs below have the lowest correlation with SPBW — 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 SPBW.
Best Diversifiers for SPBW
185 ETFs have low correlation with SPBW (below 0.3), 29 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 -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.44 | -0.44 | 57 | Cryptocurrency | SPBW vs BITI | |
| Invesco DB Energy Fund | -0.26 | — | — | 53 | Oil & Gas | SPBW vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | SPBW vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | — | — | 51 | Commodities | SPBW vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.14 | — | — | 51 | Commodities | SPBW vs DCMT |
See all 1140 diversifiers for SPBW
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