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Looking to diversify beyond ITA? The ETFs below have the lowest correlation with ITA — 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 ITA.

Best Diversifiers for ITA

537 ETFs have low correlation with ITA (below 0.3), 60 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.19, roughly unchanged from -0.18 over 5 years.


See all 2114 diversifiers for ITA

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ITA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ITA and solid risk/return profiles. The least correlated is PepsiCo, Inc. (PEP) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.18 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
PepsiCo, Inc.-0.120.070.18
56
Consumer Defensive
Verizon Communications Inc.-0.110.020.14
59
Communication Services
Altria Group, Inc.-0.100.050.20
69
Consumer Defensive
Exxon Mobil Corporation-0.100.130.30
85
Energy
Phillips 66-0.090.170.32
87
Energy
See all 155 low-correlation stocks for ITA

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Diversification Analysis

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