Looking to diversify beyond IAGG? The ETFs below have the lowest correlation with IAGG — 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 IAGG.
Best Diversifiers for IAGG
628 ETFs have low correlation with IAGG (below 0.3), 78 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.47, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.47 | -0.24 | -0.16 | 72 | Oil & Gas | IAGG vs UGA | |
| ProShares UltraShort Yen | -0.45 | -0.39 | -0.41 | 75 | Leveraged Currency | IAGG vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.38 | -0.20 | -0.14 | 51 | Commodities | IAGG vs PDBC | |
| Fidelity Managed Futures ETF | -0.36 | — | — | 66 | Systematic Trend | IAGG vs FFUT | |
| United States Commodity Index Fund | -0.35 | -0.17 | -0.12 | 65 | Commodities | IAGG vs USCI |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IAGG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IAGG and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.35, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.35 | -0.18 | -0.13 | 63 | Energy | |
| Occidental Petroleum Corporation | -0.30 | -0.13 | -0.12 | 60 | Energy | |
| Chevron Corporation | -0.29 | -0.11 | -0.10 | 67 | Energy | |
| Exxon Mobil Corporation | -0.28 | -0.12 | -0.11 | 71 | Energy | |
| Par Pacific Holdings, Inc. | -0.25 | -0.09 | -0.09 | 85 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IAGG
Add IAGG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IAGG