Looking to diversify beyond IPAC? The ETFs below have historically moved differently from IPAC, 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 IPAC
344 ETFs have low correlation with IPAC (below 0.3), 81 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, down from -0.26 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.26 | — | 61 | Cryptocurrency | IPAC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | IPAC vs SBIT | |
| ProShares UltraShort Yen | -0.38 | -0.29 | -0.28 | 56 | Leveraged Currency | IPAC vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | -0.29 | -0.29 | 61 | Inverse Equities, Leveraged Equities | IPAC vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.36 | — | — | 75 | Derivative Income | IPAC vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IPAC, 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 White Mountains Insurance Group, Ltd. (WTM) (Financial Services) with a 1Y correlation of 0.11, roughly unchanged from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| White Mountains Insurance Group, Ltd. | 0.11 | 0.16 | 0.19 | 68 | Financial Services | |
| NVIDIA Corporation | 0.40 | 0.38 | 0.48 | 56 | Technology | |
| Wheaton Precious Metals Corp. | 0.52 | 0.42 | 0.43 | 57 | Basic Materials |
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