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
507 ETFs have low correlation with ITA (below 0.3), 81 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.37, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | -0.34 | -0.34 | 63 | Inverse Equities | ITA vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 70 | Inverse Equities, Leveraged Equities | ITA vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.35 | -0.24 | -0.26 | 52 | Cryptocurrency | ITA vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 73 | Derivative Income | ITA vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | ITA vs RBIL |
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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 Sunoco LP (SUN) (Energy) with a 1Y correlation of -0.16, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sunoco LP | -0.16 | 0.08 | 0.22 | 89 | Energy | |
| Verizon Communications Inc. | -0.16 | -0.02 | 0.12 | 61 | Communication Services | |
| Altria Group, Inc. | -0.15 | 0.01 | 0.17 | 80 | Consumer Defensive | |
| Phillips 66 | -0.14 | 0.11 | 0.28 | 91 | Energy | |
| Devon Energy Corporation | -0.13 | 0.11 | 0.28 | 76 | Energy |
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Build a portfolio that complements ITA
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