Looking to diversify beyond USPX? The ETFs below have the lowest correlation with USPX — 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 USPX.
Best Diversifiers for USPX
190 ETFs have low correlation with USPX (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.37 | -0.38 | 53 | Cryptocurrency | USPX vs BITI | |
| Invesco DB Energy Fund | -0.26 | -0.07 | 0.08 | 57 | Oil & Gas | USPX vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | USPX vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.16 | -0.00 | 0.13 | 52 | Commodities | USPX vs COMT | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 96 | Inflation-Protected Bonds | USPX vs IBID |
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