Looking to balance out your exposure to IPI? The ETFs below have the lowest correlation with IPI — they tend to move on their own, which can help reduce risk when IPI drops. The stock ideas table highlights individual companies that behave independently from IPI.
No Diversifiers Found for IPI
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 IPI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IPI and solid risk/return profiles. The least correlated is Nutrien Ltd. (NTR) (Basic Materials) with a 1Y correlation of 0.59, roughly unchanged from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nutrien Ltd. | 0.59 | 0.58 | 0.64 | 59 | Basic Materials |
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