Looking to diversify beyond IAI? The ETFs below have the lowest correlation with IAI — 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 IAI.
Best Diversifiers for IAI
464 ETFs have low correlation with IAI (below 0.3), 68 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.50, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | -0.49 | -0.49 | 68 | Inverse Equities, Leveraged Equities | IAI vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | -0.49 | -0.49 | 60 | Inverse Equities | IAI vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 70 | Derivative Income | IAI vs WNTR | |
| ProShares Short Bitcoin ETF | -0.46 | -0.43 | -0.41 | 57 | Cryptocurrency | IAI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.46 | -0.46 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IAI vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IAI and solid risk/return profiles. The least correlated is Coca-Cola Consolidated, Inc. (COKE) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca-Cola Consolidated, Inc. | -0.07 | 0.15 | 0.23 | 83 | Consumer Defensive | |
| Suncor Energy Inc. | -0.05 | 0.12 | 0.27 | 89 | Energy | |
| Valero Energy Corporation | -0.04 | 0.15 | 0.25 | 95 | Energy | |
| Waste Management, Inc. | -0.02 | 0.14 | 0.24 | 53 | Industrials | |
| Walmart Inc. | -0.01 | 0.15 | 0.23 | 71 | Consumer Defensive |
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