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
154 ETFs have low correlation with SSPY (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.33, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.33 | -0.35 | -0.35 | 57 | Cryptocurrency | SSPY vs BITI | |
| Invesco DB Energy Fund | -0.26 | — | — | 53 | Oil & Gas | SSPY vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | — | — | 51 | Commodities | SSPY vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | SSPY vs IBIC | |
| Invesco DB Commodity Index Tracking Fund | -0.14 | -0.04 | -0.04 | 54 | Commodities | SSPY vs DBC |
See all 1151 diversifiers for SSPY
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