Looking to diversify beyond IEMG? The ETFs below have the lowest correlation with IEMG — 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 IEMG.
Best Diversifiers for IEMG
335 ETFs have low correlation with IEMG (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 51 | Derivative Income | IEMG vs WNTR | |
| ProShares UltraShort Yen | -0.28 | -0.20 | -0.16 | 73 | Leveraged Currency | IEMG vs YCS | |
| United States Gasoline Fund LP | -0.20 | 0.00 | 0.10 | 60 | Oil & Gas | IEMG vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | IEMG vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | IEMG vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IEMG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IEMG and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.19, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.19 | -0.01 | 0.12 | 72 | Financial Services | |
| Altria Group, Inc. | -0.17 | -0.00 | 0.07 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.16 | 0.01 | 0.04 | 64 | Utilities | |
| Walmart Inc. | -0.11 | 0.04 | 0.10 | 70 | Consumer Defensive | |
| The Southern Company | -0.11 | 0.03 | 0.06 | 57 | Utilities |
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