Looking to balance out your exposure to IRBT? The ETFs below have the lowest correlation with IRBT — they tend to move on their own, which can help reduce risk when IRBT drops. The stock ideas table highlights individual companies that behave independently from IRBT.
Best Diversifiers for IRBT
4 ETFs have low correlation with IRBT (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of 0.08, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | 0.08 | 0.12 | 0.15 | 64 | Dividend, Large Cap Value Equities | IRBT vs HDV | |
| Schwab International Equity ETF | 0.22 | 0.26 | 0.28 | 59 | Foreign Large Cap Equities | IRBT vs SCHF | |
| Vanguard S&P 500 ETF | 0.23 | 0.28 | 0.32 | 70 | S&P 500 | IRBT vs VOO | |
| Roundhill Generative AI & Technology ETF | 0.29 | 0.29 | — | 94 | Technology Equities | IRBT vs CHAT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IRBT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IRBT and solid risk/return profiles. The least correlated is Teradyne, Inc. (TER) (Technology) with a 1Y correlation of 0.26, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Teradyne, Inc. | 0.26 | 0.33 | 0.34 | 98 | Technology |
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