Looking to diversify beyond SPHQ? The ETFs below have the lowest correlation with SPHQ — 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 SPHQ.
Best Diversifiers for SPHQ
201 ETFs have low correlation with SPHQ (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.25, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.25 | -0.05 | -0.03 | 61 | Leveraged Currency | SPHQ vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | SPHQ vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.01 | 0.03 | 70 | Commodities | SPHQ vs FAAR | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | SPHQ vs USFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | SPHQ vs IBID |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPHQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPHQ and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.05 | 0.18 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.09 | 0.09 | 0.24 | 68 | Energy | |
| Chevron Corporation | -0.09 | 0.10 | 0.26 | 68 | Energy | |
| ConocoPhillips Company | -0.07 | 0.11 | 0.25 | 61 | Energy | |
| BP p.l.c. | -0.05 | 0.11 | 0.25 | 76 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SPHQ
Add SPHQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPHQ