Looking to diversify beyond SSPY? The ETFs below have the lowest correlation with SSPY — 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 SSPY.
Best Diversifiers for SSPY
131 ETFs have low correlation with SSPY (below 0.3), 12 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 | -0.15 | — | — | 98 | Inflation-Protected Bonds | SSPY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.09 | — | — | 95 | Inflation-Protected Bonds | SSPY vs IBID | |
| First Trust Alternative Absolute Return Strategy E... | -0.07 | — | — | 70 | Commodities | SSPY vs FAAR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.07 | — | — | 99 | Ultrashort Bond | SSPY vs CSHP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.08 | -0.08 | 100 | Government Bonds, Ultrashort Bond | SSPY vs BIL |
See all 1158 diversifiers for SSPY
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Diversification Analysis
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