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
826 ETFs have low correlation with IAT (below 0.3), 57 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... | -0.20 | — | — | 97 | Inflation-Protected Bonds | IAT vs RBIL | |
| Return Stacked Bonds & Futures Yield ETF | -0.17 | -0.11 | -0.11 | 51 | Multistrategy | IAT vs RSBY | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.16 | — | — | 60 | Inverse Equities, Leveraged Equities | IAT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.16 | — | — | 53 | Inverse Equities | IAT vs SMST | |
| United States Gasoline Fund LP | -0.14 | -0.02 | 0.10 | 72 | Oil & Gas | IAT vs UGA |
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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 | 0.08 | 0.09 | 80 | Healthcare | |
| Western Digital Corporation | 0.09 | 0.23 | 0.39 | 99 | Technology | |
| Newmont Corporation | 0.11 | 0.16 | 0.16 | 78 | Basic Materials | |
| Northrop Grumman Corporation | 0.17 | 0.09 | 0.18 | 50 | Industrials | |
| Cardinal Health, Inc. | 0.18 | 0.12 | 0.25 | 85 | Healthcare |
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Build a portfolio that complements IAT
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