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
274 ETFs have low correlation with SPYQ (below 0.3), 61 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 68 | Inverse Equities, Leveraged Equities | SPYQ vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.46 | -0.44 | -0.44 | 57 | Cryptocurrency | SPYQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SPYQ vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 70 | Derivative Income | SPYQ vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.32 | — | — | 51 | Currency | SPYQ vs UUP |
See all 1554 diversifiers for SPYQ
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