Looking to balance out your exposure to IRT? The ETFs below have the lowest correlation with IRT — they tend to move on their own, which can help reduce risk when IRT drops. The stock ideas table highlights individual companies that behave independently from IRT.
Best Diversifiers for IRT
3 ETFs have low correlation with IRT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.12, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.12 | 0.36 | 0.43 | 60 | S&P 500 | IRT vs VOO | |
| State Street SPDR S&P 500 ETF | 0.12 | 0.35 | 0.43 | 60 | S&P 500 | IRT vs SPY | |
| Vanguard Total Stock Market ETF | 0.15 | 0.38 | 0.45 | 60 | Large Cap Blend Equities | IRT vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IRT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IRT and solid risk/return profiles. The least correlated is CareTrust REIT, Inc. (CTRE) (Real Estate) with a 1Y correlation of 0.21, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CareTrust REIT, Inc. | 0.21 | 0.31 | 0.40 | 79 | Real Estate |
Build a portfolio that complements IRT
Add IRT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IRT