Looking to diversify beyond SPUS? The ETFs below have the lowest correlation with SPUS — 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 SPUS.
Best Diversifiers for SPUS
322 ETFs have low correlation with SPUS (below 0.3), 65 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.44, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | -0.44 | -0.44 | 68 | Inverse Equities, Leveraged Equities | SPUS vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SPUS vs SBIT | |
| ProShares Short Bitcoin ETF | -0.44 | -0.35 | -0.38 | 57 | Cryptocurrency | SPUS vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | SPUS vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.28 | -0.22 | -0.27 | 51 | Currency | SPUS vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPUS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPUS and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.31, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.31 | -0.01 | 0.20 | 53 | Industrials | |
| Duke Energy Corporation | -0.30 | -0.14 | 0.03 | 66 | Utilities | |
| Altria Group, Inc. | -0.30 | -0.10 | 0.04 | 81 | Consumer Defensive | |
| Chubb Limited | -0.29 | -0.06 | 0.17 | 86 | Financial Services | |
| The Coca-Cola Company | -0.24 | -0.06 | 0.16 | 83 | Consumer Defensive |
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