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Looking to diversify beyond IQDY? The ETFs below have the lowest correlation with IQDY — 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 IQDY.

Best Diversifiers for IQDY

266 ETFs have low correlation with IQDY (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, down from -0.20 over 5 years.


See all 2073 diversifiers for IQDY

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from IQDY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IQDY and solid risk/return profiles. The least correlated is Zijin Mining Group Co Ltd ADR (ZIJMY) (Basic Materials) with a 1Y correlation of 0.45, up from 0.19 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Zijin Mining Group Co Ltd ADR0.450.280.19
76
Basic Materials

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Diversification Analysis

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