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 State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.18, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.18 | 0.37 | 0.44 | 70 | S&P 500 | IRT vs SPY | |
| Vanguard S&P 500 ETF | 0.19 | 0.37 | 0.44 | 70 | S&P 500 | IRT vs VOO | |
| Vanguard Total Stock Market ETF | 0.22 | 0.40 | 0.46 | 68 | Large Cap Blend Equities | IRT vs VTI |
Diversification Analysis
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