Looking to diversify beyond SPTI? The ETFs below have the lowest correlation with SPTI — 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 SPTI.
Best Diversifiers for SPTI
1199 ETFs have low correlation with SPTI (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.49 | -0.53 | 61 | Leveraged Currency | SPTI vs YCS | |
| Fidelity Managed Futures ETF | -0.37 | — | — | 64 | Systematic Trend | SPTI vs FFUT | |
| Bastion Energy ETF | -0.27 | — | — | 75 | Energy Equities | SPTI vs BESF | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.12 | -0.10 | 70 | Commodities | SPTI vs FAAR | |
| VanEck Commodity Strategy ETF | -0.27 | -0.12 | — | 55 | Commodities | SPTI vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPTI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPTI and solid risk/return profiles. The least correlated is Diamondback Energy, Inc. (FANG) (Energy) with a 1Y correlation of -0.29, down from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Diamondback Energy, Inc. | -0.29 | -0.15 | -0.17 | 71 | Energy | |
| Advanced Micro Devices, Inc. | 0.03 | -0.00 | 0.01 | 97 | Technology | |
| Marvell Technology, Inc. | 0.04 | 0.00 | -0.01 | 97 | Technology | |
| Cadence Design Systems, Inc. | 0.06 | 0.04 | 0.06 | 65 | Technology | |
| Palo Alto Networks, Inc. | 0.09 | 0.02 | 0.03 | 69 | Technology |
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