Looking to balance out your exposure to IAS? The ETFs below have the lowest correlation with IAS — they tend to move on their own, which can help reduce risk when IAS drops. The stock ideas table highlights individual companies that behave independently from IAS.
Best Diversifiers for IAS
4 ETFs have low correlation with IAS (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.08, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.08 | 0.33 | 0.44 | 53 | Nasdaq-100 | IAS vs QQQ | |
| Vanguard S&P 500 ETF | 0.10 | 0.36 | 0.43 | 66 | S&P 500 | IAS vs VOO | |
| Vanguard Value ETF | 0.11 | 0.34 | 0.34 | 91 | Large Cap Value Equities | IAS vs VTV | |
| Vanguard Total Stock Market ETF | 0.12 | 0.38 | 0.45 | 66 | Large Cap Blend Equities | IAS vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IAS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IAS and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.01, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.01 | 0.19 | 0.24 | 77 | Technology | |
| Fabrinet | 0.01 | 0.22 | 0.26 | 71 | Technology | |
| Enova International, Inc. | 0.02 | 0.27 | 0.31 | 93 | Financial Services | |
| Nextracker Inc | 0.03 | 0.17 | 0.17 | 77 | Technology | |
| FirstCash, Inc. | 0.08 | 0.20 | 0.25 | 93 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IAS
Add IAS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IAS