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
413 ETFs have low correlation with IEMG (below 0.3), 66 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.32 | — | 53 | Cryptocurrency | IEMG vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 56 | Inverse Equities | IEMG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 65 | Inverse Equities, Leveraged Equities | IEMG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | IEMG vs WNTR | |
| ProShares UltraShort Yen | -0.24 | -0.18 | -0.16 | 72 | Leveraged Currency | IEMG vs YCS |
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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 -0.29, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.29 | -0.06 | 0.11 | 83 | Financial Services | |
| Altria Group, Inc. | -0.24 | -0.04 | 0.05 | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.23 | -0.03 | 0.02 | 65 | Utilities | |
| The Southern Company | -0.18 | 0.00 | 0.05 | 58 | Utilities | |
| The Coca-Cola Company | -0.16 | 0.01 | 0.11 | 82 | Consumer Defensive |
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Build a portfolio that complements IEMG
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