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
170 ETFs have low correlation with SPYA (below 0.3), 17 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.21, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.21 | -0.21 | 98 | Inflation-Protected Bonds | SPYA vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.16 | -0.15 | -0.15 | 99 | Ultrashort Bond | SPYA vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | SPYA vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | SPYA vs CSHP | |
| Alerian Energy Infrastructure ETF | -0.07 | -0.08 | -0.08 | 64 | Energy Equities | SPYA vs ENFR |
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