Looking to diversify beyond IAUM? The ETFs below have the lowest correlation with IAUM — 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 IAUM.
Best Diversifiers for IAUM
1590 ETFs have low correlation with IAUM (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, up from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.28 | -0.38 | 61 | Leveraged Currency | IAUM vs YCS | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | IAUM vs ACLO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.11 | -0.06 | -0.06 | 97 | Inflation-Protected Bonds | IAUM vs RBIL | |
| First Trust Merger Arbitrage ETF | -0.10 | 0.02 | — | 50 | Long-Short | IAUM vs MARB | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 99 | Ultrashort Bond | IAUM vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IAUM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IAUM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | -0.01 | 0.02 | 70 | Consumer Defensive | |
| Chord Energy Corp | -0.08 | 0.06 | — | 61 | Energy | |
| Enterprise Products Partners L.P. | -0.07 | 0.08 | 0.13 | 82 | Energy | |
| Verizon Communications Inc. | -0.04 | 0.06 | — | 63 | Communication Services | |
| Palo Alto Networks, Inc. | -0.02 | 0.02 | 0.03 | 69 | Technology |
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