Looking to diversify beyond IGHG? The ETFs below have the lowest correlation with IGHG — 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 IGHG.
Best Diversifiers for IGHG
709 ETFs have low correlation with IGHG (below 0.3), 144 of which are negatively correlated. The least correlated is PIMCO 1-5 Year US TIPS Index ETF (STPZ) (Inflation-Protected Bonds) with a 1Y correlation of -0.20, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO 1-5 Year US TIPS Index ETF | -0.20 | -0.14 | -0.04 | 58 | Inflation-Protected Bonds | IGHG vs STPZ | |
| JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ... | -0.20 | -0.16 | — | 80 | Government Bonds, Short-Term Bond | IGHG vs BBSB | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.20 | -0.11 | -0.02 | 84 | Inflation-Protected Bonds | IGHG vs VTIP | |
| SPDR Portfolio Short Term Treasury ETF | -0.20 | -0.16 | -0.12 | 80 | Government Bonds, Short-Term Bond | IGHG vs SPTS | |
| iShares iBonds Oct 2029 Term TIPS ETF | -0.18 | — | — | 63 | Inflation-Protected Bonds | IGHG vs IBIF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IGHG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IGHG and solid risk/return profiles. The least correlated is Cboe Global Markets, Inc. (CBOE) (Financial Services) with a 1Y correlation of -0.12, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.12 | -0.09 | 0.08 | 56 | Financial Services |
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