Looking to diversify beyond YSPY? The ETFs below have the lowest correlation with YSPY — 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 YSPY.
Best Diversifiers for YSPY
304 ETFs have low correlation with YSPY (below 0.3), 67 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.25, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.25 | -0.13 | -0.13 | 66 | Oil & Gas | YSPY vs USO | |
| Invesco DB Energy Fund | -0.25 | — | — | 71 | Oil & Gas | YSPY vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | — | — | 56 | Derivative Income | YSPY vs USOY | |
| United States Brent Oil Fund LP | -0.22 | — | — | 65 | Oil & Gas | YSPY vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.21 | — | — | 55 | Oil & Gas | YSPY vs OILK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YSPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YSPY and solid risk/return profiles. The least correlated is Central Securities Corp. (CET) (Financial Services) with a 1Y correlation of 0.65, roughly unchanged from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Central Securities Corp. | 0.65 | 0.71 | 0.71 | 82 | Financial Services |
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