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Looking to diversify beyond IDVO? The ETFs below have the lowest correlation with IDVO — 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 IDVO.

Best Diversifiers for IDVO

306 ETFs have low correlation with IDVO (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, down from -0.20 over 3 years.


See all 1950 diversifiers for IDVO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from IDVO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IDVO and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.09 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.110.030.09
72
Consumer Defensive
ConocoPhillips Company-0.090.140.24
65
Energy
Exxon Mobil Corporation-0.070.160.26
72
Energy
Chevron Corporation-0.060.160.27
70
Energy
Chubb Limited-0.040.100.17
69
Financial Services
See all 151 low-correlation stocks for IDVO

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Diversification Analysis

Build a portfolio that complements IDVO

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