Looking to diversify beyond SPHB? The ETFs below have the lowest correlation with SPHB — 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 SPHB.
Best Diversifiers for SPHB
224 ETFs have low correlation with SPHB (below 0.3), 33 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | SPHB vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | — | — | 95 | Inflation-Protected Bonds | SPHB vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.07 | -0.04 | 100 | Government Bonds, Ultrashort Bond | SPHB vs USFR | |
| ProShares UltraShort Yen | -0.13 | -0.03 | -0.01 | 61 | Leveraged Currency | SPHB vs YCS | |
| Texas Capital Government Money Market ETF | -0.12 | -0.00 | -0.00 | 100 | Money Market | SPHB vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPHB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPHB and solid risk/return profiles. The least correlated is Royal Bank of Canada (RY) (Financial Services) with a 1Y correlation of 0.49, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Royal Bank of Canada | 0.49 | 0.53 | 0.59 | 97 | Financial Services |
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