Looking to diversify beyond SPSM? The ETFs below have the lowest correlation with SPSM — 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 SPSM.
Best Diversifiers for SPSM
199 ETFs have low correlation with SPSM (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.19 | -0.09 | -0.05 | 61 | Leveraged Currency | SPSM vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.18 | -0.04 | -0.03 | 100 | Government Bonds, Ultrashort Bond | SPSM vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | SPSM vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | SPSM vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.11 | — | — | 95 | Inflation-Protected Bonds | SPSM vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPSM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPSM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.09 | 0.21 | 70 | Consumer Defensive | |
| The Coca-Cola Company | -0.07 | 0.10 | 0.21 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.06 | 0.17 | 0.30 | 68 | Energy | |
| Chevron Corporation | -0.03 | 0.19 | 0.32 | 68 | Energy | |
| Duke Energy Corporation | -0.00 | 0.10 | 0.15 | 62 | Utilities |
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