Looking to diversify beyond SPYA? The ETFs below have the lowest correlation with SPYA — 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 SPYA.
Best Diversifiers for SPYA
187 ETFs have low correlation with SPYA (below 0.3), 36 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.30 | -0.30 | 71 | Oil & Gas | SPYA vs DBE | |
| United States Brent Oil Fund LP | -0.28 | — | — | 65 | Oil & Gas | SPYA vs BNO | |
| iShares Commodities Select Strategy ETF | -0.19 | — | — | 70 | Commodities | SPYA vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | — | — | 71 | Commodities | SPYA vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.17 | — | — | 73 | Commodities | SPYA vs DCMT |
See all 1160 diversifiers for SPYA
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