Looking to diversify beyond IRE? The ETFs below have the lowest correlation with IRE — 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 IRE.
Best Diversifiers for IRE
0 ETFs have low correlation with IRE (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator U.S. Equity Accelerated Plus ETF (XTAP) (Leveraged Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 0.38 | 0.38 | 0.38 | 98 | Leveraged Equities | IRE vs XTAP | |
| Direxion Daily MU Bull 2X Shares | 0.40 | 0.40 | 0.40 | 99 | Leveraged Equities | IRE vs MUU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.56 | 0.56 | 0.56 | 96 | Leveraged Equities | IRE vs AMDG |
Diversification Analysis
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