Looking to balance out your exposure to IQV? The ETFs below have historically moved differently from IQV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IQV
3 ETFs have low correlation with IQV (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.07, down from 0.40 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.07 | 0.27 | 0.40 | 88 | Semiconductors, Technology Equities | IQV vs SMH | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.44 | 0.57 | 78 | S&P 500 | IQV vs SPY | |
| Vanguard S&P 500 ETF | 0.27 | 0.44 | 0.57 | 78 | S&P 500 | IQV vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IQV, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is CF Industries Holdings, Inc. (CF) (Basic Materials) with a 1Y correlation of -0.07, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | -0.07 | 0.03 | 0.08 | 68 | Basic Materials | |
| Broadcom Inc. | 0.01 | 0.18 | 0.31 | 68 | Technology | |
| Intel Corporation | 0.03 | 0.21 | 0.29 | 98 | Technology | |
| NVIDIA Corporation | 0.03 | 0.17 | 0.32 | 61 | Technology | |
| Howmet Aerospace Inc. | 0.04 | 0.18 | 0.28 | 89 | Industrials |
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