Looking to balance out your exposure to SPRU? The ETFs below have the lowest correlation with SPRU — they tend to move on their own, which can help reduce risk when SPRU drops. The stock ideas table highlights individual companies that behave independently from SPRU.
Best Diversifiers for SPRU
1 ETFs have low correlation with SPRU (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.11, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.11 | 0.10 | 0.24 | 76 | Technology Equities | SPRU vs VGT |
Diversification Analysis
Build a portfolio that complements SPRU
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