Looking to diversify beyond SPUU? The ETFs below have the lowest correlation with SPUU — 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 SPUU.
Best Diversifiers for SPUU
280 ETFs have low correlation with SPUU (below 0.3), 58 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 -0.47, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | -0.45 | -0.45 | 68 | Inverse Equities, Leveraged Equities | SPUU vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.46 | -0.37 | -0.38 | 57 | Cryptocurrency | SPUU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SPUU vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 70 | Derivative Income | SPUU vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.32 | -0.23 | -0.30 | 51 | Currency | SPUU vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPUU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPUU and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.23, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.23 | -0.03 | 0.12 | 66 | Utilities | |
| Altria Group, Inc. | -0.21 | -0.01 | 0.12 | 81 | Consumer Defensive | |
| The Coca-Cola Company | -0.20 | 0.03 | 0.23 | 83 | Consumer Defensive | |
| Chubb Limited | -0.19 | 0.06 | 0.27 | 86 | Financial Services | |
| Waste Management, Inc. | -0.17 | 0.11 | 0.25 | 53 | Industrials |
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