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
945 ETFs have low correlation with SPPP (below 0.3), 44 of which are negatively correlated. The least correlated is US Treasury 3 Month Bill ETF (TBIL) (Ultrashort Bond) with a 1Y correlation of -0.17, roughly unchanged from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| US Treasury 3 Month Bill ETF | -0.17 | -0.09 | — | 100 | Ultrashort Bond | SPPP vs TBIL | |
| Roundhill Weekly T-Bill ETF | -0.13 | -0.12 | -0.12 | 99 | Ultrashort Bond | SPPP vs WEEK | |
| Brookstone Ultra-Short Bond ETF | -0.13 | -0.08 | -0.08 | 98 | Ultrashort Bond | SPPP vs BAMU | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.12 | — | — | 100 | Ultrashort Bond | SPPP vs BILZ | |
| ProShares UltraShort Yen | -0.12 | -0.11 | -0.16 | 61 | 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 Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.10, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.10 | 0.16 | 0.16 | 60 | Consumer Cyclical | |
| First Solar, Inc. | 0.13 | 0.16 | 0.16 | 81 | Technology | |
| JPMorgan Chase & Co. | 0.18 | 0.15 | 0.18 | 59 | Financial Services | |
| NVIDIA Corporation | 0.18 | 0.17 | 0.17 | 78 | Technology | |
| Alphabet Inc. Class A | 0.19 | 0.20 | 0.19 | 96 | Communication Services |
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