Looking to balance out your exposure to ITT? The ETFs below have the lowest correlation with ITT — they tend to move on their own, which can help reduce risk when ITT drops. The stock ideas table highlights individual companies that behave independently from ITT.
Best Diversifiers for ITT
0 ETFs have low correlation with ITT (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.48, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.48 | 0.52 | 0.59 | 73 | Nasdaq-100 | ITT vs QQQ | |
| NEOS S&P 500 High Income ETF | 0.57 | 0.62 | — | 71 | Derivative Income, S&P 500 | ITT vs SPYI | |
| iShares Core S&P 500 ETF | 0.57 | 0.63 | 0.71 | 70 | S&P 500 | ITT vs IVV | |
| Vanguard S&P 500 ETF | 0.57 | 0.63 | 0.71 | 70 | S&P 500 | ITT vs VOO | |
| State Street SPDR S&P 500 ETF | 0.57 | 0.63 | 0.71 | 70 | S&P 500 | ITT vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ITT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ITT and solid risk/return profiles. The least correlated is Coterra Energy Inc. (CTRA) (Energy) with a 1Y correlation of -0.08, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coterra Energy Inc. | -0.08 | 0.21 | 0.26 | 79 | Energy | |
| EOG Resources, Inc. | -0.07 | 0.13 | 0.24 | 69 | Energy | |
| Exxon Mobil Corporation | -0.05 | 0.14 | 0.25 | 85 | Energy | |
| Eli Lilly and Company | 0.10 | 0.17 | 0.18 | 72 | Healthcare | |
| eBay Inc. | 0.15 | 0.28 | 0.40 | 73 | Consumer Cyclical |
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Build a portfolio that complements ITT
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