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
233 ETFs have low correlation with IDEQ (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.33 | -0.33 | 63 | Leveraged Currency | IDEQ vs YCS | |
| United States Gasoline Fund LP | -0.28 | -0.28 | -0.28 | 55 | Oil & Gas | IDEQ vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.26 | -0.26 | -0.26 | 98 | Inflation-Protected Bonds | IDEQ vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.21 | -0.21 | 97 | Inflation-Protected Bonds | IDEQ vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | -0.18 | -0.18 | 95 | Inflation-Protected Bonds | IDEQ vs IBID |
To view more results, upgrade your current subscription plan.
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 | 54 | Consumer Cyclical |
Build a portfolio that complements IDEQ
Add IDEQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IDEQ