Looking to diversify beyond SPYC? The ETFs below have the lowest correlation with SPYC — 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 SPYC.
Best Diversifiers for SPYC
280 ETFs have low correlation with SPYC (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.35 | -0.37 | 57 | Cryptocurrency | SPYC vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | -0.45 | -0.45 | 68 | Inverse Equities, Leveraged Equities | SPYC vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SPYC vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | SPYC vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.32 | -0.22 | -0.28 | 51 | Currency | SPYC vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPYC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPYC and solid risk/return profiles. The least correlated is United Parcel Service, Inc. (UPS) (Industrials) with a 1Y correlation of 0.35, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| United Parcel Service, Inc. | 0.35 | 0.39 | 0.50 | 63 | Industrials |
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