Looking to diversify beyond SPGP? The ETFs below have the lowest correlation with SPGP — 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 SPGP.
Best Diversifiers for SPGP
237 ETFs have low correlation with SPGP (below 0.3), 49 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 60 | Inverse Equities, Leveraged Equities | SPGP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | SPGP vs WNTR | |
| United States Gasoline Fund LP | -0.25 | 0.05 | 0.12 | 72 | Oil & Gas | SPGP vs UGA | |
| Direxion Daily MU Bull 2X Shares | -0.22 | -0.22 | -0.22 | 99 | Leveraged Equities, Semiconductors | SPGP vs MUU | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | SPGP vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPGP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPGP and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | 0.03 | 0.14 | 79 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.15 | 0.25 | 0.30 | 71 | Energy | |
| Duke Energy Corporation | -0.13 | 0.05 | 0.16 | 63 | Utilities | |
| Chevron Corporation | -0.12 | 0.26 | 0.32 | 67 | Energy | |
| The Coca-Cola Company | -0.10 | 0.08 | 0.22 | 82 | Consumer Defensive |
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