Looking to balance out your exposure to SPT? The ETFs below have historically moved differently from SPT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SPT
1 ETFs have low correlation with SPT (below 0.3), 0 of which are negatively correlated. The least correlated is Capital Group Dividend Value ETF (CGDV) (Large Cap Value Equities) with a 1Y correlation of 0.07, down from 0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Capital Group Dividend Value ETF | 0.07 | 0.33 | — | 80 | Large Cap Value Equities, Dividend | SPT vs CGDV |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SPT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Zeta Global Holdings Corp. (ZETA) (Technology) with a 1Y correlation of 0.54, roughly unchanged from 0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Zeta Global Holdings Corp. | 0.54 | 0.45 | 0.47 | 65 | Technology | |
| Okta, Inc. | 0.54 | 0.50 | 0.58 | 71 | Technology |
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