Looking to diversify beyond IGE? The ETFs below have the lowest correlation with IGE — 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 IGE.
Best Diversifiers for IGE
1555 ETFs have low correlation with IGE (below 0.3), 218 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Weekly T-Bill ETF | -0.17 | — | — | 99 | Ultrashort Bond | IGE vs WEEK | |
| Franklin Short Duration U.S. Government ETF | -0.17 | -0.07 | -0.03 | 95 | Mortgage Backed Securities | IGE vs FTSD | |
| Obra Opportunistic Structured Products ETF | -0.16 | — | — | 68 | Multisector Bonds | IGE vs OOSP | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.15 | -0.02 | -0.04 | 67 | Municipal Bonds | IGE vs BSMW | |
| BNY Mellon Ultra Short Income ETF | -0.12 | -0.04 | -0.02 | 99 | Ultrashort Bond | IGE vs BKUI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IGE and solid risk/return profiles. The least correlated is MaxLinear, Inc. (MXL) (Technology) with a 1Y correlation of 0.20, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| MaxLinear, Inc. | 0.20 | 0.29 | 0.33 | 99 | Technology | |
| Kraken Robotics Inc | 0.21 | 0.16 | 0.22 | 92 | Technology | |
| Adecoagro S.A. | 0.33 | 0.30 | 0.40 | 64 | Consumer Defensive | |
| Archer-Daniels-Midland Company | 0.37 | 0.42 | 0.49 | 94 | Consumer Defensive | |
| CF Industries Holdings, Inc. | 0.45 | 0.45 | 0.49 | 60 | Basic Materials |
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