Looking to diversify beyond IGE? The ETFs below have historically moved differently from IGE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IGE
1649 ETFs have low correlation with IGE (below 0.3), 188 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.21, roughly unchanged from -0.18 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.21 | -0.18 | — | 51 | Cryptocurrency | IGE vs BITI | |
| Franklin Short Duration U.S. Government ETF | -0.18 | -0.08 | -0.04 | 95 | Mortgage Backed Securities | IGE vs FTSD | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.15 | — | — | 69 | Derivative Income | IGE vs WNTR | |
| Roundhill Weekly T-Bill ETF | -0.15 | -0.09 | -0.09 | 99 | Ultrashort Bond | IGE vs WEEK | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.14 | -0.06 | 0.01 | 51 | Nontraditional Bonds | IGE vs RISR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IGE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is MaxLinear, Inc. (MXL) (Technology) with a 1Y correlation of 0.19, down from 0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| MaxLinear, Inc. | 0.19 | 0.28 | 0.32 | 96 | Technology | |
| Kraken Robotics Inc | 0.21 | 0.16 | 0.20 | 73 | Technology | |
| Adecoagro S.A. | 0.35 | 0.31 | 0.39 | 51 | Consumer Defensive | |
| Archer-Daniels-Midland Company | 0.37 | 0.41 | 0.48 | 89 | Consumer Defensive | |
| Cheniere Energy, Inc. | 0.43 | 0.50 | 0.57 | 53 | Energy |
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