Looking to diversify beyond SPYV? The ETFs below have the lowest correlation with SPYV — 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 SPYV.
Best Diversifiers for SPYV
292 ETFs have low correlation with SPYV (below 0.3), 45 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.04 | 0.13 | 71 | Oil & Gas | SPYV vs DBE | |
| United States Oil Fund LP | -0.22 | -0.03 | 0.12 | 66 | Oil & Gas | SPYV vs USO | |
| United States Brent Oil Fund LP | -0.21 | -0.03 | 0.12 | 65 | Oil & Gas | SPYV vs BNO | |
| United States 12 Month Oil Fund LP | -0.21 | -0.02 | 0.14 | 56 | Oil & Gas | SPYV vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.21 | -0.02 | 0.14 | 55 | Oil & Gas | SPYV vs OILK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPYV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPYV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of 0.00, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.00 | 0.27 | 0.34 | 69 | Consumer Defensive | |
| Petróleo Brasileiro S.A. - Petrobras | 0.04 | 0.19 | 0.23 | 86 | Energy | |
| Sunoco LP | 0.05 | 0.25 | 0.33 | 76 | Energy | |
| BP p.l.c. | 0.07 | 0.22 | 0.34 | 87 | Energy | |
| Chevron Corporation | 0.07 | 0.27 | 0.37 | 83 | Energy |
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