Looking to diversify beyond SPMO? The ETFs below have the lowest correlation with SPMO — 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 SPMO.
Best Diversifiers for SPMO
410 ETFs have low correlation with SPMO (below 0.3), 77 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 61 | Inverse Equities, Leveraged Equities | SPMO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 69 | Derivative Income | SPMO vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.28 | -0.08 | — | 53 | Options Trading | SPMO vs CAOS | |
| Texas Capital Government Money Market ETF | -0.19 | — | — | 100 | Money Market | SPMO vs MMKT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | SPMO vs IBIC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPMO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPMO and solid risk/return profiles. The least correlated is Consolidated Edison, Inc. (ED) (Utilities) with a 1Y correlation of -0.38, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Consolidated Edison, Inc. | -0.38 | -0.18 | 0.01 | 69 | Utilities | |
| Waste Management, Inc. | -0.33 | 0.01 | 0.21 | 51 | Industrials | |
| Chubb Limited | -0.32 | -0.04 | 0.23 | 81 | Financial Services | |
| PepsiCo, Inc. | -0.31 | -0.08 | 0.12 | 51 | Consumer Defensive | |
| Duke Energy Corporation | -0.30 | -0.11 | 0.06 | 63 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SPMO
Add SPMO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPMO