Looking to diversify beyond SPXV? The ETFs below have the lowest correlation with SPXV — 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 SPXV.
Best Diversifiers for SPXV
198 ETFs have low correlation with SPXV (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.38 | -0.39 | 57 | Cryptocurrency | SPXV vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.05 | 0.10 | 53 | Oil & Gas | SPXV vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | SPXV vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 99 | Ultrashort Bond | SPXV vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | SPXV vs IBID |
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