Looking to diversify beyond SPSB? The ETFs below have the lowest correlation with SPSB — 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 SPSB.
Best Diversifiers for SPSB
575 ETFs have low correlation with SPSB (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.48 | -0.49 | 61 | Leveraged Currency | SPSB vs YCS | |
| Fidelity Managed Futures ETF | -0.26 | — | — | 64 | Systematic Trend | SPSB vs FFUT | |
| Bastion Energy ETF | -0.19 | — | — | 75 | Energy Equities | SPSB vs BESF | |
| VanEck Commodity Strategy ETF | -0.19 | -0.04 | — | 55 | Commodities | SPSB vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.17 | — | — | 50 | Commodities | SPSB vs CERY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPSB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPSB and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.25, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.25 | -0.05 | -0.04 | 68 | Energy | |
| Chevron Corporation | -0.23 | -0.06 | -0.03 | 68 | Energy | |
| Equinor ASA | -0.22 | 0.00 | 0.01 | 62 | Energy | |
| Altria Group, Inc. | -0.08 | 0.09 | 0.06 | 70 | Consumer Defensive | |
| TotalEnergies SE | -0.06 | -0.00 | -0.03 | 77 | Energy |
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