Looking to diversify beyond SPBX? The ETFs below have historically moved differently from SPBX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SPBX
216 ETFs have low correlation with SPBX (below 0.3), 44 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | — | — | 61 | Cryptocurrency | SPBX vs BITI | |
| Alpha Architect Tail Risk ETF | -0.34 | — | — | 56 | Options Trading | SPBX vs CAOS | |
| Invesco DB Energy Fund | -0.29 | — | — | 72 | Oil & Gas | SPBX vs DBE | |
| United States Brent Oil Fund LP | -0.26 | — | — | 52 | Oil & Gas | SPBX vs BNO | |
| Invesco DB Oil Fund | -0.24 | -0.09 | -0.09 | 58 | Oil & Gas | SPBX vs DBO |
See all 1278 diversifiers for SPBX
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