Looking to diversify beyond IMVP? The ETFs below have the lowest correlation with IMVP — 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 IMVP.
Best Diversifiers for IMVP
535 ETFs have low correlation with IMVP (below 0.3), 84 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.10 | 0.03 | 53 | Oil & Gas | IMVP vs DBE | |
| Invesco DB US Dollar Index Bullish Fund | -0.27 | -0.27 | -0.33 | 51 | Currency | IMVP vs UUP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.27 | — | — | 98 | Inflation-Protected Bonds | IMVP vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.26 | -0.04 | 0.07 | 51 | Commodities | IMVP vs GSG | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | IMVP vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IMVP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IMVP and solid risk/return profiles. The least correlated is Brookfield Renewable Partners L.P. (BEP) (Utilities) with a 1Y correlation of 0.17, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brookfield Renewable Partners L.P. | 0.17 | 0.24 | 0.24 | 77 | Utilities | |
| Iberdrola SA | 0.20 | 0.20 | 0.28 | 91 | Utilities | |
| NVIDIA Corporation | 0.25 | 0.25 | 0.34 | 65 | Technology | |
| Tesla, Inc. | 0.27 | 0.29 | 0.32 | 63 | Consumer Cyclical | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.34 | 0.32 | 0.38 | 92 | Technology |
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