Looking to diversify beyond IPO? The ETFs below have the lowest correlation with IPO — 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 IPO.
Best Diversifiers for IPO
399 ETFs have low correlation with IPO (below 0.3), 42 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 95 | Inflation-Protected Bonds | IPO vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.14 | — | — | 98 | Ultrashort Bond | IPO vs BAMU | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | IPO vs IBIC | |
| Xtrackers US 0-1 Year Treasury ETF | -0.12 | — | — | 99 | Government Bonds, Ultrashort Bond | IPO vs TRSY | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | 0.03 | 0.03 | 99 | Ultrashort Bond | IPO vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IPO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IPO and solid risk/return profiles. The least correlated is Tesla, Inc. (TSLA) (Consumer Cyclical) with a 1Y correlation of 0.40, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesla, Inc. | 0.40 | 0.49 | 0.55 | 59 | Consumer Cyclical | |
| Advanced Micro Devices, Inc. | 0.49 | 0.53 | 0.59 | 97 | Technology |
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