Looking to diversify beyond IDLV? The ETFs below have the lowest correlation with IDLV — 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 IDLV.
Best Diversifiers for IDLV
341 ETFs have low correlation with IDLV (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.52, down from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.52 | -0.41 | -0.35 | 73 | Leveraged Currency | IDLV vs YCS | |
| United States Gasoline Fund LP | -0.27 | -0.10 | 0.04 | 60 | Oil & Gas | IDLV vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.18 | — | — | 51 | Derivative Income | IDLV vs WNTR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.17 | — | — | 99 | Ultrashort Bond | IDLV vs CSHP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | IDLV vs RBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IDLV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IDLV and solid risk/return profiles. The least correlated is Safran SA (SAFRY) (Industrials) with a 1Y correlation of 0.41, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Safran SA | 0.41 | 0.47 | 0.54 | 66 | Industrials | |
| Rolls-Royce Holdings plc | 0.45 | 0.41 | 0.44 | 78 | Industrials |
Build a portfolio that complements IDLV
Add IDLV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IDLV