Looking to diversify beyond IGPT? The ETFs below have historically moved differently from IGPT, 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 IGPT
580 ETFs have low correlation with IGPT (below 0.3), 118 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.49, down from -0.38 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.49 | -0.38 | — | 51 | Cryptocurrency | IGPT vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | — | — | 69 | Derivative Income | IGPT vs WNTR | |
| iShares U.S. Insurance ETF | -0.30 | -0.03 | 0.18 | 54 | Financials Equities | IGPT vs IAK | |
| iShares Core High Dividend ETF | -0.24 | 0.01 | 0.21 | 91 | Dividend, Large Cap Value Equities | IGPT vs HDV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.22 | 0.07 | 0.23 | 92 | Large Cap Value Equities, Dividend | IGPT vs FDL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IGPT, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.43, down from -0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.43 | -0.22 | -0.09 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.38 | -0.24 | -0.09 | 52 | Utilities | |
| The Coca-Cola Company | -0.34 | -0.16 | -0.00 | 87 | Consumer Defensive | |
| Verizon Communications Inc. | -0.29 | -0.15 | -0.03 | 66 | Communication Services | |
| Philip Morris International Inc. | -0.28 | -0.09 | 0.02 | 64 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IGPT
Add IGPT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IGPT