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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

1037 ETFs have low correlation with SPOG (below 0.3), 121 of which are negatively correlated.


See all 1037 diversifiers for SPOG

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SPOG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPOG and solid risk/return profiles. The least correlated is Modine Manufacturing Company (MOD) (Consumer Cyclical) with a 1Y correlation of -0.08, roughly unchanged from -0.08 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Modine Manufacturing Company-0.08-0.08-0.08
93
Consumer Cyclical
Sterling Infrastructure, Inc.-0.08-0.08-0.08
96
Industrials
Comfort Systems USA, Inc.-0.01-0.01-0.01
98
Industrials
Ciena Corporation0.040.040.04
99
Technology
Hudbay Minerals Inc.0.040.040.04
91
Basic Materials
See all 6 low-correlation stocks for SPOG

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Diversification Analysis

Build a portfolio that complements SPOG

Add SPOG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with SPOG