Looking to diversify beyond SPIP? The ETFs below have the lowest correlation with SPIP — 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 SPIP.
Best Diversifiers for SPIP
1115 ETFs have low correlation with SPIP (below 0.3), 74 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.41, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.41 | -0.37 | -0.33 | 51 | Currency | SPIP vs UUP | |
| ProShares UltraShort Yen | -0.40 | -0.42 | -0.42 | 72 | Leveraged Currency | SPIP vs YCS | |
| United States Gasoline Fund LP | -0.26 | -0.07 | 0.02 | 78 | Oil & Gas | SPIP vs UGA | |
| Invesco DB Energy Fund | -0.25 | -0.09 | 0.02 | 53 | Oil & Gas | SPIP vs DBE | |
| Fidelity Managed Futures ETF | -0.22 | — | — | 71 | Systematic Trend | SPIP vs FFUT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPIP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPIP and solid risk/return profiles. The least correlated is TotalEnergies SE (TTE) (Energy) with a 1Y correlation of -0.03, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TotalEnergies SE | -0.03 | 0.02 | 0.02 | 81 | Energy | |
| Lockheed Martin Corporation | -0.02 | 0.08 | 0.05 | 59 | Industrials | |
| The J. M. Smucker Company | 0.08 | 0.16 | 0.12 | 55 | Consumer Defensive | |
| Realty Income Corporation | 0.17 | 0.29 | 0.26 | 74 | Real Estate |
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