Looking to diversify beyond SPPP? The ETFs below have the lowest correlation with SPPP — 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 SPPP.
Best Diversifiers for SPPP
687 ETFs have low correlation with SPPP (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.31, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | -0.21 | -0.22 | 52 | Cryptocurrency | SPPP vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.25 | -0.24 | -0.24 | 70 | Inverse Equities, Leveraged Equities | SPPP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | — | — | 73 | Derivative Income | SPPP vs WNTR | |
| ProShares UltraShort Yen | -0.13 | -0.12 | -0.17 | 73 | Leveraged Currency | SPPP vs YCS | |
| Invesco DB Energy Fund | -0.12 | 0.07 | 0.17 | 57 | Oil & Gas | SPPP vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPPP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPPP and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.04, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.04 | 0.06 | 0.13 | 53 | Financial Services | |
| Amazon.com, Inc | 0.16 | 0.17 | 0.18 | 56 | Consumer Cyclical | |
| First Solar, Inc. | 0.18 | 0.16 | 0.16 | 61 | Technology | |
| JPMorgan Chase & Co. | 0.19 | 0.15 | 0.17 | 71 | Financial Services | |
| NVIDIA Corporation | 0.19 | 0.17 | 0.17 | 63 | Technology |
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