Looking to diversify beyond IDEQ? The ETFs below have the lowest correlation with IDEQ — 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 IDEQ.
Best Diversifiers for IDEQ
287 ETFs have low correlation with IDEQ (below 0.3), 61 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.25, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | -0.25 | -0.25 | 98 | Inflation-Protected Bonds | IDEQ vs RBIL | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.22 | -0.22 | -0.22 | 63 | Commodities | IDEQ vs USOI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | -0.18 | -0.18 | 72 | Commodities | IDEQ vs GSG | |
| iShares Commodities Select Strategy ETF | -0.17 | -0.17 | -0.17 | 72 | Commodities | IDEQ vs COMT | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | -0.14 | -0.14 | 96 | Inflation-Protected Bonds | IDEQ vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IDEQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IDEQ and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.48, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.48 | 0.48 | 0.48 | 63 | Consumer Cyclical |
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