Looking to diversify beyond SPYQ? The ETFs below have the lowest correlation with SPYQ — 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 SPYQ.
Best Diversifiers for SPYQ
279 ETFs have low correlation with SPYQ (below 0.3), 74 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | — | — | 71 | Oil & Gas | SPYQ vs DBE | |
| United States Oil Fund LP | -0.31 | — | — | 66 | Oil & Gas | SPYQ vs USO | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | SPYQ vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | SPYQ vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.09 | -0.09 | 56 | Oil & Gas | SPYQ vs OILK |
See all 1666 diversifiers for SPYQ
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