Looking to balance out your exposure to IMKTA? The ETFs below have the lowest correlation with IMKTA — they tend to move on their own, which can help reduce risk when IMKTA drops. The stock ideas table highlights individual companies that behave independently from IMKTA.
Best Diversifiers for IMKTA
3 ETFs have low correlation with IMKTA (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.12, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.12 | 0.14 | 0.25 | 70 | S&P 500 | IMKTA vs VOO | |
| State Street SPDR S&P 500 ETF | 0.13 | 0.14 | 0.25 | 70 | S&P 500 | IMKTA vs SPY | |
| Vanguard Russell 2000 ETF | 0.26 | 0.31 | 0.36 | 62 | Small Cap Blend Equities | IMKTA vs VTWO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IMKTA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IMKTA and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.32, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.32 | 0.17 | 0.26 | 63 | Consumer Defensive |
Build a portfolio that complements IMKTA
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