Looking to balance out your exposure to IBTA? The ETFs below have the lowest correlation with IBTA — they tend to move on their own, which can help reduce risk when IBTA drops. The stock ideas table highlights individual companies that behave independently from IBTA.
Best Diversifiers for IBTA
2 ETFs have low correlation with IBTA (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Treasury ETF | 0.08 | — | — | 83 | Government Bonds, Short-Term Bond | IBTA vs VGSH | |
| Schwab Short-Term U.S. Treasury ETF | 0.09 | — | — | 81 | Government Bonds, Short-Term Bond | IBTA vs SCHO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBTA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBTA and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of 0.00, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | 0.00 | 0.01 | 0.01 | 59 | Communication Services | |
| Eli Lilly and Company | 0.03 | 0.09 | 0.09 | 72 | Healthcare | |
| Bristol-Myers Squibb Company | 0.05 | 0.08 | 0.08 | 63 | Healthcare |
Build a portfolio that complements IBTA
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