Looking to diversify beyond IQLT? The ETFs below have the lowest correlation with IQLT — 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 IQLT.
Best Diversifiers for IQLT
225 ETFs have low correlation with IQLT (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.27 | -0.23 | 63 | Leveraged Currency | IQLT vs YCS | |
| United States Gasoline Fund LP | -0.32 | -0.09 | 0.06 | 55 | Oil & Gas | IQLT vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | -0.19 | -0.19 | 97 | Inflation-Protected Bonds | IQLT vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | 0.02 | 0.02 | 98 | Inflation-Protected Bonds | IQLT vs IBIC | |
| TCW AAA CLO ETF | -0.17 | -0.08 | -0.08 | 99 | CLO | IQLT vs ACLO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IQLT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IQLT and solid risk/return profiles. The least correlated is Kinder Morgan, Inc. (KMI) (Energy) with a 1Y correlation of -0.01, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kinder Morgan, Inc. | -0.01 | 0.22 | 0.34 | 72 | Energy | |
| Verizon Communications Inc. | 0.01 | 0.13 | 0.19 | 66 | Communication Services | |
| AGNC Investment Corp. | 0.21 | 0.16 | 0.26 | 84 | Real Estate | |
| Blackrock Municipal 2030 Target Term Trust | 0.26 | 0.30 | 0.27 | 80 | Financial Services | |
| First Solar, Inc. | 0.29 | 0.34 | 0.35 | 76 | Technology |
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