Looking to diversify beyond SPYI? The ETFs below have the lowest correlation with SPYI — 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 SPYI.
Best Diversifiers for SPYI
212 ETFs have low correlation with SPYI (below 0.3), 25 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.21, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.22 | -0.04 | — | 55 | Oil & Gas | SPYI vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | SPYI vs IBIC | |
| ProShares UltraShort Yen | -0.17 | -0.02 | — | 63 | Leveraged Currency | SPYI vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 95 | Inflation-Protected Bonds | SPYI vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 98 | Ultrashort Bond | SPYI vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPYI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPYI and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.21, down from -0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | -0.00 | — | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.18 | -0.03 | 0.10 | 62 | Utilities | |
| Exxon Mobil Corporation | -0.17 | 0.04 | — | 72 | Energy | |
| Chevron Corporation | -0.16 | 0.08 | 0.19 | 70 | Energy | |
| ConocoPhillips Company | -0.12 | 0.08 | 0.15 | 65 | Energy |
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