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 State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.37, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.37 | 0.34 | 0.33 | 70 | S&P 500 | IRS vs SPY | |
| iShares Latin American 40 ETF | 0.42 | 0.41 | 0.40 | 54 | 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. The least correlated is Alphabet Inc. Class A (GOOGL) (Communication Services) with a 1Y correlation of 0.17, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alphabet Inc. Class A | 0.17 | 0.18 | 0.18 | 96 | Communication Services | |
| Orchid Island Capital, Inc. | 0.17 | 0.21 | 0.21 | 61 | Real Estate | |
| Amazon.com, Inc | 0.18 | 0.20 | 0.20 | 60 | Consumer Cyclical | |
| Broadcom Inc. | 0.23 | 0.21 | 0.21 | 84 | Technology | |
| Vista Oil & Gas, S.A.B. de C.V. | 0.35 | 0.43 | 0.42 | 68 | Energy |
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