Looking to diversify beyond SPTE? The ETFs below have the lowest correlation with SPTE — 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 SPTE.
Best Diversifiers for SPTE
339 ETFs have low correlation with SPTE (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 60 | Inverse Equities, Leveraged Equities | SPTE vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 65 | Derivative Income | SPTE vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | SPTE vs IBIC | |
| Tortoise North American Pipeline Fund | -0.18 | — | — | 77 | Energy Equities | SPTE vs TPYP | |
| VanEck Energy Income ETF | -0.18 | — | — | 78 | Energy Equities | SPTE vs EINC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPTE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPTE and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.40 | — | — | 51 | Industrials | |
| Duke Energy Corporation | -0.39 | — | — | 63 | Utilities | |
| Altria Group, Inc. | -0.37 | -0.24 | -0.24 | 79 | Consumer Defensive | |
| Verizon Communications Inc. | -0.32 | — | — | 54 | Communication Services | |
| The Southern Company | -0.30 | -0.23 | -0.23 | 55 | Utilities |
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Build a portfolio that complements SPTE
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