Looking to diversify beyond ICOP? The ETFs below have the lowest correlation with ICOP — 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 ICOP.
Best Diversifiers for ICOP
342 ETFs have low correlation with ICOP (below 0.3), 21 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | — | — | 61 | Leveraged Currency | ICOP vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | ICOP vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | ICOP vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | — | — | 100 | Ultrashort Bond | ICOP vs SGOV | |
| TCW AAA CLO ETF | -0.14 | — | — | 99 | CLO | ICOP vs ACLO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ICOP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ICOP and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.11, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.11 | -0.05 | -0.05 | 68 | Financial Services | |
| Altria Group, Inc. | -0.10 | 0.01 | 0.01 | 70 | Consumer Defensive | |
| Duke Energy Corporation | -0.08 | 0.05 | 0.05 | 62 | Utilities | |
| The Coca-Cola Company | -0.06 | 0.04 | 0.04 | 74 | Consumer Defensive | |
| The Southern Company | -0.03 | 0.07 | 0.07 | 55 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ICOP
Add ICOP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ICOP