Looking to diversify beyond SPLV? The ETFs below have the lowest correlation with SPLV — 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 SPLV.
Best Diversifiers for SPLV
1205 ETFs have low correlation with SPLV (below 0.3), 227 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.30, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.30 | -0.06 | 0.13 | 82 | Leveraged Equities, Semiconductors | SPLV vs USD | |
| GraniteShares 2x Long MU Daily ETF | -0.26 | — | — | 98 | Leveraged Equities | SPLV vs MULL | |
| First Trust Bloomberg Artificial Intelligence ETF | -0.26 | — | — | 64 | Technology Equities | SPLV vs FAI | |
| Pacer Data and Digital Revolution ETF | -0.25 | 0.04 | — | 76 | Technology Equities | SPLV vs TRFK | |
| ProShares UltraShort Yen | -0.25 | -0.14 | -0.11 | 63 | Leveraged Currency | SPLV vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPLV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPLV and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.28, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.28 | -0.07 | 0.04 | 88 | Technology | |
| Micron Technology, Inc. | -0.26 | -0.06 | 0.08 | 99 | Technology | |
| Broadcom Inc. | -0.26 | -0.04 | 0.16 | 72 | Technology | |
| NVIDIA Corporation | -0.25 | -0.09 | 0.07 | 72 | Technology | |
| CrowdStrike Holdings, Inc. | -0.19 | 0.02 | 0.11 | 65 | Technology |
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