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
300 ETFs have low correlation with YSPY (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.44 | -0.44 | 53 | Cryptocurrency | YSPY vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 65 | Inverse Equities, Leveraged Equities | YSPY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 70 | Derivative Income | YSPY vs WNTR | |
| Invesco DB Energy Fund | -0.22 | — | — | 57 | Oil & Gas | YSPY vs DBE | |
| United States Gasoline Fund LP | -0.19 | — | — | 82 | Oil & Gas | YSPY vs UGA |
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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 Meta Financial Group, Inc. (CASH) (Financial Services) with a 1Y correlation of 0.31, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Meta Financial Group, Inc. | 0.31 | 0.39 | 0.39 | 54 | Financial Services | |
| Central Securities Corp. | 0.62 | — | — | 82 | Financial Services |
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