Looking to diversify beyond SPEU? The ETFs below have historically moved differently from SPEU, 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 SPEU
209 ETFs have low correlation with SPEU (below 0.3), 80 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.31 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.31 | — | 61 | Cryptocurrency | SPEU vs BITI | |
| ProShares UltraShort Yen | -0.39 | -0.27 | -0.22 | 56 | Leveraged Currency | SPEU vs YCS | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | SPEU vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.33 | -0.33 | 61 | Inverse Equities, Leveraged Equities | SPEU vs MSTZ | |
| Invesco DB Energy Fund | -0.36 | -0.13 | 0.05 | 72 | Oil & Gas | SPEU vs DBE |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SPEU, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.18, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.18 | 0.05 | 0.21 | 80 | Energy | |
| Realty Income Corporation | 0.15 | 0.25 | 0.33 | 77 | Real Estate | |
| NVIDIA Corporation | 0.36 | 0.34 | 0.46 | 56 | Technology | |
| Apple Inc | 0.37 | 0.36 | 0.46 | 89 | Technology | |
| Amazon.com, Inc | 0.40 | 0.34 | 0.42 | 60 | Consumer Cyclical |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SPEU
Add SPEU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPEU