Looking to diversify beyond TSPY? The ETFs below have the lowest correlation with TSPY — 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 TSPY.
Best Diversifiers for TSPY
230 ETFs have low correlation with TSPY (below 0.3), 24 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.24, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.24 | -0.10 | -0.10 | 55 | Oil & Gas | TSPY vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | TSPY vs IBIC | |
| ProShares UltraShort Yen | -0.13 | — | — | 63 | Leveraged Currency | TSPY vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.11 | — | — | 95 | Inflation-Protected Bonds | TSPY vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | 0.02 | 0.02 | 99 | Ultrashort Bond | TSPY vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSPY and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | -0.12 | -0.12 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.16 | -0.12 | -0.12 | 62 | Utilities | |
| Chubb Limited | -0.12 | -0.03 | -0.03 | 69 | Financial Services | |
| Exxon Mobil Corporation | -0.12 | 0.04 | 0.04 | 72 | Energy | |
| The Coca-Cola Company | -0.11 | — | — | 74 | Consumer Defensive |
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