Looking to diversify beyond SPSK? The ETFs below have the lowest correlation with SPSK — 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 SPSK.
Best Diversifiers for SPSK
962 ETFs have low correlation with SPSK (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.21 | -0.26 | 61 | Leveraged Currency | SPSK vs YCS | |
| First Trust Alternative Absolute Return Strategy E... | -0.18 | -0.07 | -0.05 | 70 | Commodities | SPSK vs FAAR | |
| VanEck Commodity Strategy ETF | -0.18 | -0.02 | -0.02 | 55 | Commodities | SPSK vs PIT | |
| Fidelity Managed Futures ETF | -0.18 | -0.18 | -0.18 | 64 | Systematic Trend | SPSK vs FFUT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | 0.14 | 0.14 | 98 | Inflation-Protected Bonds | SPSK vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPSK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPSK and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.20, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.20 | -0.08 | -0.04 | 68 | Energy | |
| NVIDIA Corporation | 0.04 | 0.07 | 0.09 | 76 | Technology | |
| Micron Technology, Inc. | 0.05 | 0.07 | 0.07 | 99 | Technology | |
| Sandisk Corporation | 0.09 | 0.08 | 0.08 | 100 | Technology | |
| Welltower Inc. | 0.09 | 0.09 | 0.11 | 85 | Real Estate |
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