Looking to diversify beyond SPTS? The ETFs below have the lowest correlation with SPTS — 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 SPTS.
Best Diversifiers for SPTS
1256 ETFs have low correlation with SPTS (below 0.3), 129 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 | -0.52 | -0.53 | 75 | Leveraged Currency | SPTS vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.47 | -0.44 | -0.38 | 51 | Currency | SPTS vs UUP | |
| Fidelity Managed Futures ETF | -0.39 | — | — | 71 | Systematic Trend | SPTS vs FFUT | |
| United States Gasoline Fund LP | -0.36 | -0.23 | -0.14 | 78 | Oil & Gas | SPTS vs UGA | |
| Invesco DB Energy Fund | -0.35 | -0.22 | -0.14 | 53 | Oil & Gas | SPTS vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPTS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPTS and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.18, roughly unchanged from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.18 | -0.12 | -0.10 | 70 | Energy | |
| Capital Southwest Corporation | 0.05 | 0.01 | 0.03 | 66 | Financial Services | |
| Trinity Capital Inc. | 0.11 | -0.00 | 0.04 | 90 | Financial Services |
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