Looking to balance out your exposure to SPTY? The ETFs below have the lowest correlation with SPTY — they tend to move on their own, which can help reduce risk when SPTY drops. The stock ideas table highlights individual companies that behave independently from SPTY.
Best Diversifiers for SPTY
1 ETFs have low correlation with SPTY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.03, roughly unchanged from 0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.03 | 0.03 | — | 70 | S&P 500 | SPTY vs VOO |
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