Looking to diversify beyond SPWO? The ETFs below have the lowest correlation with SPWO — 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 SPWO.
Best Diversifiers for SPWO
218 ETFs have low correlation with SPWO (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | — | — | 63 | Leveraged Currency | SPWO vs YCS | |
| United States Gasoline Fund LP | -0.25 | — | — | 55 | Oil & Gas | SPWO vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | SPWO vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | — | — | 100 | Government Bonds, Ultrashort Bond | SPWO vs USFR | |
| Texas Capital Government Money Market ETF | -0.14 | -0.03 | -0.03 | 100 | Money Market | SPWO vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPWO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPWO and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.21, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | -0.14 | -0.14 | 72 | Consumer Defensive | |
| Chubb Limited | -0.19 | -0.06 | -0.06 | 69 | Financial Services | |
| Duke Energy Corporation | -0.17 | -0.08 | -0.08 | 62 | Utilities | |
| Exxon Mobil Corporation | -0.15 | 0.01 | 0.01 | 72 | Energy | |
| ConocoPhillips Company | -0.15 | 0.00 | 0.00 | 65 | Energy |
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