Looking to diversify beyond ILIT? The ETFs below have historically moved differently from ILIT, 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 ILIT
870 ETFs have low correlation with ILIT (below 0.3), 85 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.27 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ILIT vs SBIT | |
| ProShares Short Bitcoin ETF | -0.26 | -0.23 | — | 61 | Cryptocurrency | ILIT vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.25 | — | — | 52 | Inverse Equities | ILIT vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.25 | — | — | 75 | Derivative Income | ILIT vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.25 | — | — | 61 | Inverse Equities, Leveraged Equities | ILIT vs MSTZ |
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 ILIT, 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 Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.18, roughly unchanged from 0.25 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.18 | 0.25 | — | 60 | Consumer Cyclical | |
| NVIDIA Corporation | 0.26 | 0.22 | — | 56 | Technology | |
| Marvell Technology, Inc. | 0.26 | 0.30 | 0.30 | 87 | Technology | |
| Arista Networks, Inc. | 0.27 | 0.24 | 0.24 | 71 | Technology | |
| Harmonic Inc. | 0.33 | 0.30 | — | 68 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ILIT
Add ILIT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ILIT