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
5 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 0.13, down from 0.35 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.13 | 0.35 | — | 73 | Nasdaq-100 | IAS vs QQQ | |
| Vanguard Value ETF | 0.15 | 0.33 | — | 79 | Large Cap Value Equities | IAS vs VTV | |
| Invesco S&P MidCap Momentum ETF | 0.15 | 0.37 | 0.38 | 67 | Momentum, Mid Cap Growth Equities | IAS vs XMMO | |
| Vanguard S&P 500 ETF | 0.15 | 0.37 | — | 70 | S&P 500 | IAS vs VOO | |
| Vanguard Total Stock Market ETF | 0.17 | 0.39 | — | 68 | 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 Joby Aviation, Inc. (JOBY) (Industrials) with a 1Y correlation of 0.02, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Joby Aviation, Inc. | 0.02 | 0.26 | 0.32 | 57 | Industrials | |
| Fabrinet | 0.03 | 0.23 | 0.26 | 93 | Technology | |
| Credo Technology Group Holding Ltd | 0.04 | 0.20 | 0.25 | 85 | Technology | |
| IonQ, Inc. | 0.04 | 0.25 | 0.35 | 64 | Technology | |
| Enova International, Inc. | 0.04 | 0.27 | 0.32 | 82 | Financial Services |
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