Looking to diversify beyond SPDW? The ETFs below have the lowest correlation with SPDW — 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 SPDW.
Best Diversifiers for SPDW
152 ETFs have low correlation with SPDW (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.30 | -0.24 | 73 | Leveraged Currency | SPDW vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 51 | Derivative Income | SPDW vs WNTR | |
| United States Gasoline Fund LP | -0.28 | -0.07 | 0.09 | 60 | Oil & Gas | SPDW vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | SPDW vs IBIC | |
| TCW AAA CLO ETF | -0.15 | — | — | 99 | CLO | SPDW vs ACLO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPDW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPDW and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | 0.09 | 0.18 | 74 | Consumer Defensive | |
| ConocoPhillips Company | -0.10 | 0.08 | 0.23 | 65 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.10 | 0.23 | 74 | Energy | |
| Chevron Corporation | -0.06 | 0.11 | 0.25 | 70 | Energy | |
| The Coca-Cola Company | -0.05 | 0.12 | 0.24 | 74 | Consumer Defensive |
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