Looking to diversify beyond SPOG? The ETFs below have the lowest correlation with SPOG — 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 SPOG.
Best Diversifiers for SPOG
1086 ETFs have low correlation with SPOG (below 0.3), 103 of which are negatively correlated. The least correlated is Brookmont Catastrophic Bond ETF (ILS) (Nontraditional Bonds) with a 1Y correlation of -0.14, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | -0.14 | -0.14 | -0.14 | 97 | Nontraditional Bonds | SPOG vs ILS | |
| ProShares Short Bitcoin ETF | -0.13 | -0.13 | -0.13 | 57 | Cryptocurrency | SPOG vs BITI | |
| First Trust RBA American Industrial Renaissance ET... | -0.10 | -0.10 | -0.10 | 66 | Building & Construction | SPOG vs AIRR | |
| ASML Holding NV ADR Hedged ETF | -0.07 | -0.07 | -0.07 | 92 | Technology Equities | SPOG vs ASMH | |
| Harbor SMID Cap Value ETF | -0.06 | -0.06 | -0.06 | 82 | Small Cap Value Equities | SPOG vs EPSV |
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