Looking to diversify beyond SPBX? The ETFs below have the lowest correlation with SPBX — 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 SPBX.
Best Diversifiers for SPBX
194 ETFs have low correlation with SPBX (below 0.3), 46 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | — | — | 69 | Oil & Gas | SPBX vs DBE | |
| United States Brent Oil Fund LP | -0.30 | — | — | 62 | Oil & Gas | SPBX vs BNO | |
| Invesco DB Oil Fund | -0.26 | — | — | 62 | Oil & Gas | SPBX vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | SPBX vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.22 | — | — | 66 | Commodities | SPBX vs COMT |
See all 1088 diversifiers for SPBX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SPBX
Add SPBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPBX