Looking to diversify beyond SPEU? The ETFs below have the lowest correlation with SPEU — 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 SPEU.
Best Diversifiers for SPEU
173 ETFs have low correlation with SPEU (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.27 | -0.22 | 75 | Leveraged Currency | SPEU vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 60 | Inverse Equities, Leveraged Equities | SPEU vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 65 | Derivative Income | SPEU vs WNTR | |
| United States Gasoline Fund LP | -0.30 | -0.11 | 0.05 | 72 | Oil & Gas | SPEU vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | SPEU vs IBIC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPEU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPEU and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.15, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.15 | 0.06 | 0.22 | 67 | Energy | |
| Realty Income Corporation | 0.17 | 0.26 | 0.34 | 72 | Real Estate | |
| NVIDIA Corporation | 0.32 | 0.34 | 0.46 | 69 | Technology | |
| Apple Inc | 0.38 | 0.36 | 0.47 | 90 | Technology | |
| Amazon.com, Inc | 0.42 | 0.38 | 0.46 | 55 | 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