Looking to balance out your exposure to IRS? The ETFs below have the lowest correlation with IRS — they tend to move on their own, which can help reduce risk when IRS drops. The stock ideas table highlights individual companies that behave independently from IRS.
Best Diversifiers for IRS
0 ETFs have low correlation with IRS (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.33, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.33 | 0.32 | 0.29 | 53 | Nasdaq-100 | IRS vs QQQ | |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 0.35 | 0.38 | 0.32 | 66 | Emerging Markets Bonds | IRS vs EMB | |
| State Street SPDR S&P 500 ETF | 0.38 | 0.36 | 0.34 | 65 | S&P 500 | IRS vs SPY | |
| iShares Latin American 40 ETF | 0.45 | 0.41 | 0.41 | 64 | Latin America Equities | IRS vs ILF |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IRS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IRS and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Millrose Properties, Inc | 0.13 | — | — | 50 | Real Estate | |
| Host Hotels & Resorts, Inc. | 0.17 | 0.22 | 0.25 | 93 | Real Estate | |
| Orchid Island Capital, Inc. | 0.17 | 0.22 | 0.21 | 68 | Real Estate | |
| Alphabet Inc. Class A | 0.19 | 0.16 | 0.17 | 96 | Communication Services | |
| Amazon.com, Inc | 0.21 | 0.21 | 0.21 | 56 | Consumer Cyclical |
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