Looking to balance out your exposure to III? The ETFs below have the lowest correlation with III — they tend to move on their own, which can help reduce risk when III drops. The stock ideas table highlights individual companies that behave independently from III.
Best Diversifiers for III
1 ETFs have low correlation with III (below 0.3), 0 of which are negatively correlated. The least correlated is Roundhill Generative AI & Technology ETF (CHAT) (Technology Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Generative AI & Technology ETF | 0.26 | 0.23 | — | 94 | Technology Equities | III vs CHAT | |
| Vanguard High Dividend Yield ETF | 0.40 | 0.37 | 0.40 | 77 | Dividend | III vs VYM | |
| Vanguard S&P 500 ETF | 0.45 | 0.34 | 0.42 | 70 | S&P 500 | III vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from III, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to III and solid risk/return profiles. The least correlated is Kinross Gold Corporation (KGC) (Basic Materials) with a 1Y correlation of 0.08, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kinross Gold Corporation | 0.08 | 0.08 | 0.12 | 79 | Basic Materials | |
| Macy's, Inc. | 0.16 | 0.20 | 0.28 | 86 | Consumer Cyclical | |
| Alphabet Inc. Class A | 0.20 | 0.14 | 0.28 | 96 | Communication Services | |
| SkyWater Technology, Inc. | 0.28 | 0.23 | 0.27 | 95 | Technology | |
| Affiliated Managers Group, Inc. | 0.31 | 0.29 | 0.37 | 88 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements III
Add III to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with III