Looking to diversify beyond SPUT? The ETFs below have historically moved differently from SPUT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SPUT
218 ETFs have low correlation with SPUT (below 0.3), 41 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.45 | — | — | 75 | Derivative Income | SPUT vs WNTR | |
| ProShares Short Bitcoin ETF | -0.44 | — | — | 61 | Cryptocurrency | SPUT vs BITI | |
| Alpha Architect Tail Risk ETF | -0.34 | — | — | 56 | Options Trading | SPUT vs CAOS | |
| Invesco DB Energy Fund | -0.26 | — | — | 72 | Oil & Gas | SPUT vs DBE | |
| United States Brent Oil Fund LP | -0.22 | — | — | 52 | Oil & Gas | SPUT vs BNO |
See all 1294 diversifiers for SPUT
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