Looking to balance out your exposure to IBM? The ETFs below have the lowest correlation with IBM — they tend to move on their own, which can help reduce risk when IBM drops. The stock ideas table highlights individual companies that behave independently from IBM.
Best Diversifiers for IBM
173 ETFs have low correlation with IBM (below 0.3), 4 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.05, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.05 | -0.00 | 0.09 | 66 | Oil & Gas | IBM vs USO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.04 | -0.03 | 0.00 | 100 | Government Bonds, Ultrashort Bond | IBM vs BIL | |
| ProShares Ultra Bloomberg Crude Oil | -0.03 | 0.01 | 0.10 | 54 | Leveraged Commodities | IBM vs UCO | |
| iShares 0-3 Month Treasury Bond ETF | -0.01 | 0.02 | 0.02 | 100 | Ultrashort Bond | IBM vs SGOV | |
| YieldMax NVDA Option Income Strategy ETF | 0.01 | 0.18 | 0.18 | 52 | Derivative Income, Options Trading | IBM vs NVDY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.13, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.13 | 0.06 | 0.21 | 69 | Consumer Defensive | |
| United Therapeutics Corporation | -0.10 | 0.11 | 0.14 | 86 | Healthcare | |
| Johnson & Johnson | -0.09 | 0.07 | 0.20 | 92 | Healthcare | |
| Coterra Energy Inc. | -0.08 | 0.10 | 0.21 | 79 | Energy | |
| Ventas, Inc. | -0.07 | 0.16 | 0.26 | 80 | Real Estate |
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