Looking to diversify beyond ILF? The ETFs below have the lowest correlation with ILF — 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 ILF.
Best Diversifiers for ILF
344 ETFs have low correlation with ILF (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.17 | -0.13 | 61 | Leveraged Currency | ILF vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | ILF vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | ILF vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.20 | -0.08 | -0.06 | 100 | Ultrashort Bond | ILF vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.16 | -0.09 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ILF vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ILF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ILF and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.00, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.00 | 0.17 | 0.32 | 68 | Energy | |
| Walmart Inc. | 0.01 | 0.07 | 0.09 | 69 | Consumer Defensive | |
| The Coca-Cola Company | 0.06 | 0.11 | 0.17 | 74 | Consumer Defensive | |
| Johnson & Johnson | 0.13 | 0.09 | 0.08 | 95 | Healthcare | |
| Bristol-Myers Squibb Company | 0.16 | 0.13 | 0.14 | 68 | Healthcare |
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Build a portfolio that complements ILF
Add ILF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ILF