Looking to diversify beyond IDU? The ETFs below have the lowest correlation with IDU — 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 IDU.
Best Diversifiers for IDU
1875 ETFs have low correlation with IDU (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.15 | -0.13 | 61 | Leveraged Currency | IDU vs YCS | |
| BlackRock Floating Rate Loan ETF | -0.15 | 0.05 | — | 55 | Bank Loan | IDU vs BRLN | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.11 | 0.13 | 0.20 | 99 | Corporate Bonds | IDU vs BSCQ | |
| Eaton Vance Floating-Rate ETF | -0.11 | — | — | 73 | Bank Loan | IDU vs EVLN | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | -0.02 | -0.02 | 97 | Inflation-Protected Bonds | IDU vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IDU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IDU and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.03, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.03 | -0.02 | 0.08 | 76 | Technology | |
| Apple Inc | 0.06 | 0.09 | 0.22 | 88 | Technology | |
| Capital Southwest Corporation | 0.06 | 0.20 | 0.26 | 72 | Financial Services | |
| Tesla, Inc. | 0.09 | 0.09 | 0.13 | 59 | Consumer Cyclical | |
| BitMine Immersion Technologies, Inc. | 0.12 | 0.11 | 0.11 | 81 | Financial Services |
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