Looking to balance out your exposure to IESC? The ETFs below have the lowest correlation with IESC — they tend to move on their own, which can help reduce risk when IESC drops. The stock ideas table highlights individual companies that behave independently from IESC.
Best Diversifiers for IESC
0 ETFs have low correlation with IESC (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 0.38 | — | — | 96 | Emerging Markets Diversified | IESC vs EMEQ | |
| iShares Core Dividend Growth ETF | 0.39 | 0.40 | 0.41 | 71 | Large Cap Growth Equities, Dividend | IESC vs DGRO | |
| Direxion Daily AI and Big Data Bull 2X Shares | 0.42 | — | — | 53 | Leveraged Equities | IESC vs AIBU | |
| Themes Global Systemically Important Banks ETF | 0.43 | — | — | 68 | Financials Equities | IESC vs GSIB | |
| ProShares Ultra Semiconductors | 0.47 | 0.48 | 0.44 | 90 | Leveraged Equities, Semiconductors | IESC vs USD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IESC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IESC and solid risk/return profiles. The least correlated is Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of -0.11, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.11 | 0.05 | 0.14 | 62 | Consumer Cyclical | |
| Adaro Energy Tbk PT ADR | -0.05 | -0.03 | -0.02 | 56 | Energy | |
| Coca-Cola Consolidated, Inc. | -0.01 | 0.09 | 0.16 | 80 | Consumer Defensive | |
| Lantheus Holdings, Inc. | -0.00 | 0.12 | 0.20 | 57 | Healthcare | |
| Liquidia Corporation | 0.03 | 0.15 | 0.16 | 93 | Healthcare |
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Build a portfolio that complements IESC
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