Looking to diversify beyond SPDV? The ETFs below have the lowest correlation with SPDV — 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 SPDV.
Best Diversifiers for SPDV
433 ETFs have low correlation with SPDV (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.07 | -0.05 | 63 | Leveraged Currency | SPDV vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | -0.01 | -0.03 | 100 | Government Bonds, Ultrashort Bond | SPDV vs USFR | |
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | -0.00 | -0.02 | 82 | Commodities | SPDV vs ISCMF | |
| Invesco DB Energy Fund | -0.05 | 0.09 | 0.23 | 71 | Oil & Gas | SPDV vs DBE | |
| iShares Government Money Market ETF | -0.05 | -0.03 | -0.03 | 100 | Money Market | SPDV vs GMMF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPDV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPDV and solid risk/return profiles. The least correlated is CrowdStrike Holdings, Inc. (CRWD) (Technology) with a 1Y correlation of 0.11, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc. | 0.11 | 0.19 | 0.24 | 73 | Technology | |
| Amazon.com, Inc | 0.13 | 0.19 | 0.30 | 63 | Consumer Cyclical | |
| Alphabet Inc Class A | 0.17 | 0.20 | 0.33 | 96 | Communication Services | |
| Arista Networks, Inc. | 0.17 | 0.21 | 0.32 | 82 | Technology | |
| Corning Incorporated | 0.24 | 0.42 | 0.55 | 98 | Technology |
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Build a portfolio that complements SPDV
Add SPDV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPDV