Looking to diversify beyond ILS? The ETFs below have the lowest correlation with ILS — 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 ILS.
Best Diversifiers for ILS
2075 ETFs have low correlation with ILS (below 0.3), 317 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Merger Arbitrage ETF | -0.21 | — | — | 50 | Long-Short | ILS vs MARB | |
| VanEck Energy Income ETF | -0.17 | — | — | 57 | Energy Equities | ILS vs EINC | |
| USCF Midstream Energy Income Fund ETF | -0.17 | — | — | 54 | Energy Equities | ILS vs UMI | |
| Alerian Energy Infrastructure ETF | -0.16 | — | — | 50 | Energy Equities | ILS vs ENFR | |
| Tortoise North American Pipeline Fund | -0.16 | — | — | 55 | Energy Equities | ILS vs TPYP |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ILS
Add ILS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ILS