Looking to diversify beyond SPTB? The ETFs below have historically moved differently from SPTB, 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 SPTB
839 ETFs have low correlation with SPTB (below 0.3), 69 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.45 | — | — | 72 | Oil & Gas | SPTB vs DBE | |
| United States Brent Oil Fund LP | -0.43 | — | — | 52 | Oil & Gas | SPTB vs BNO | |
| Invesco DB Oil Fund | -0.43 | — | — | 58 | Oil & Gas | SPTB vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.41 | — | — | 67 | Commodities | SPTB vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.39 | — | — | 58 | Commodities | SPTB vs COMT |
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