Looking to diversify beyond SPYG? The ETFs below have the lowest correlation with SPYG — 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 SPYG.
Best Diversifiers for SPYG
284 ETFs have low correlation with SPYG (below 0.3), 37 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | SPYG vs IBIC | |
| United States Gasoline Fund LP | -0.20 | -0.04 | 0.05 | 55 | Oil & Gas | SPYG vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | SPYG vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | SPYG vs IBID | |
| ProShares UltraShort Yen | -0.14 | 0.01 | -0.00 | 63 | Leveraged Currency | SPYG vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPYG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPYG and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.32, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.32 | -0.13 | 0.02 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.27 | -0.13 | 0.00 | 62 | Utilities | |
| The Coca-Cola Company | -0.25 | -0.09 | 0.13 | 74 | Consumer Defensive | |
| Chubb Limited | -0.24 | -0.03 | 0.14 | 69 | Financial Services | |
| PepsiCo, Inc. | -0.23 | -0.04 | 0.13 | 61 | Consumer Defensive |
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