Looking to diversify beyond IQMM? The ETFs below have the lowest correlation with IQMM — 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 IQMM.
Best Diversifiers for IQMM
2016 ETFs have low correlation with IQMM (below 0.3), 1894 of which are negatively correlated. The least correlated is Macquarie Energy Transition ETF (PWER) (Alternative Energy Equities) with a 1Y correlation of -0.29, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Macquarie Energy Transition ETF | -0.29 | -0.29 | -0.29 | 82 | Alternative Energy Equities | IQMM vs PWER | |
| Innovator Premium Income 30 Barrier ETF - April | -0.29 | -0.29 | -0.29 | 98 | Options Trading | IQMM vs APRJ | |
| KraneShares SSE STAR Market 50 Index ETF | -0.29 | -0.29 | -0.29 | 87 | China Equities | IQMM vs KSTR | |
| Innovator Emerging Markets 10 Buffer ETF - Quarter... | -0.29 | -0.29 | -0.29 | 94 | Defined Outcome | IQMM vs EBUF | |
| Defiance S&P 500 Enhanced Options & 0DTE Income ET... | -0.28 | -0.28 | -0.28 | 63 | Derivative Income, S&P 500 | IQMM vs WDTE |
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