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
637 ETFs have low correlation with SPPP (below 0.3), 32 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 | -0.24 | — | — | 62 | Inverse Equities, Leveraged Equities | SPPP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.23 | — | — | 63 | Derivative Income | SPPP vs WNTR | |
| F/m US Treasury 3 Month Bill ETF | -0.16 | -0.09 | -0.04 | 100 | Ultrashort Bond | SPPP vs TBIL | |
| Brookstone Ultra-Short Bond ETF | -0.13 | -0.08 | -0.08 | 99 | Ultrashort Bond | SPPP vs BAMU | |
| ProShares UltraShort Yen | -0.13 | -0.12 | -0.17 | 73 | Leveraged Currency | SPPP vs YCS |
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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 First Solar, Inc. (FSLR) (Technology) with a 1Y correlation of 0.18, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| First Solar, Inc. | 0.18 | 0.17 | 0.16 | 74 | Technology | |
| JPMorgan Chase & Co. | 0.19 | 0.15 | 0.17 | 68 | Financial Services | |
| CRISPR Therapeutics AG | 0.21 | 0.19 | 0.16 | 51 | Healthcare | |
| Eaton Corporation plc | 0.22 | 0.18 | 0.18 | 64 | Industrials | |
| NVIDIA Corporation | 0.23 | 0.19 | 0.18 | 66 | Technology |
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