Looking to diversify beyond SPIT? The ETFs below have the lowest correlation with SPIT — 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 SPIT.
Best Diversifiers for SPIT
207 ETFs have low correlation with SPIT (below 0.3), 21 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.22, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.22 | -0.22 | -0.22 | 57 | Oil & Gas | SPIT vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.10 | -0.10 | -0.10 | 54 | Commodities | SPIT vs GSG | |
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | -0.07 | -0.07 | 54 | Commodities | SPIT vs ISCMF | |
| ProShares Ultra Oil & Gas | -0.07 | -0.07 | -0.07 | 53 | Leveraged Equities | SPIT vs DIG | |
| VanEck Energy Income ETF | -0.06 | -0.06 | -0.06 | 82 | Energy Equities | SPIT vs EINC |
See all 1082 diversifiers for SPIT
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