Looking to balance out your exposure to IOSP? The ETFs below have the lowest correlation with IOSP — they tend to move on their own, which can help reduce risk when IOSP drops. The stock ideas table highlights individual companies that behave independently from IOSP.
No Diversifiers Found for IOSP
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IOSP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IOSP and solid risk/return profiles. The least correlated is Alamos Gold Inc. (AGI) (Basic Materials) with a 1Y correlation of 0.10, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alamos Gold Inc. | 0.10 | 0.11 | 0.12 | 66 | Basic Materials | |
| Linde plc | 0.28 | 0.37 | 0.41 | 53 | Basic Materials | |
| Ingevity Corporation | 0.66 | 0.61 | 0.61 | 78 | Basic Materials |
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