Looking to diversify beyond IAT? The ETFs below have the lowest correlation with IAT — 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 IAT.
Best Diversifiers for IAT
753 ETFs have low correlation with IAT (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | IAT vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.03 | -0.04 | 100 | Government Bonds, Ultrashort Bond | IAT vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | IAT vs CSHP | |
| ProShares UltraShort Yen | -0.09 | -0.02 | 0.03 | 61 | Leveraged Currency | IAT vs YCS | |
| VanEck Commodity Strategy ETF | -0.08 | 0.00 | — | 55 | Commodities | IAT vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IAT and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.08, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 0.08 | 0.07 | 0.09 | 75 | Healthcare | |
| Cardinal Health, Inc. | 0.17 | 0.11 | 0.22 | 77 | Healthcare | |
| Lam Research Corporation | 0.26 | 0.27 | 0.37 | 99 | Technology | |
| Merck & Co., Inc. | 0.27 | 0.14 | 0.14 | 88 | Healthcare | |
| Caterpillar Inc. | 0.35 | 0.46 | 0.52 | 99 | Industrials |
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