Looking to diversify beyond IGV? The ETFs below have the lowest correlation with IGV — 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 IGV.
Best Diversifiers for IGV
915 ETFs have low correlation with IGV (below 0.3), 73 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 65 | Inverse Equities, Leveraged Equities | IGV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 56 | Inverse Equities | IGV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | IGV vs WNTR | |
| ProShares Short Bitcoin ETF | -0.38 | -0.32 | — | 53 | Cryptocurrency | IGV vs BITI | |
| Direxion Daily NFLX Bear 1X Shares | -0.22 | — | — | 61 | Inverse Equities | IGV vs NFXS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IGV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IGV and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.34, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.34 | -0.13 | 0.05 | 82 | Consumer Defensive | |
| Johnson & Johnson | -0.31 | -0.17 | -0.01 | 97 | Healthcare | |
| Altria Group, Inc. | -0.31 | -0.12 | -0.03 | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.29 | -0.17 | -0.05 | 65 | Utilities | |
| The Southern Company | -0.26 | -0.16 | -0.02 | 58 | Utilities |
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