Looking to balance out your exposure to SPOM? The ETFs below have historically moved differently from SPOM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SPOM
4 ETFs have low correlation with SPOM (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan U.S. Momentum Factor ETF (JMOM) (Momentum) with a 1Y correlation of 0.05, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan U.S. Momentum Factor ETF | 0.05 | -0.01 | 0.03 | 77 | Momentum, Large Cap Blend Equities | SPOM vs JMOM | |
| Vanguard Total World Stock ETF | 0.06 | -0.01 | 0.04 | 71 | Global Equities | SPOM vs VT | |
| Vanguard S&P 500 ETF | 0.07 | -0.00 | 0.04 | 72 | S&P 500 | SPOM vs VOO | |
| Vanguard Information Technology ETF | 0.08 | 0.02 | 0.04 | 58 | Technology Equities | SPOM vs VGT |
Diversification Analysis
Build a portfolio that complements SPOM
Add SPOM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPOM