Looking to balance out your exposure to ITT? The ETFs below have historically moved differently from ITT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.51, roughly unchanged from 0.61 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.51 | 0.55 | 0.61 | 54 | Nasdaq-100 | ITT vs QQQ | |
| NEOS S&P 500 High Income ETF | 0.56 | 0.62 | — | 73 | Derivative Income, S&P 500 | ITT vs SPYI | |
| iShares Core S&P 500 ETF | 0.57 | 0.64 | 0.70 | 72 | S&P 500 | ITT vs IVV | |
| Vanguard S&P 500 ETF | 0.58 | 0.64 | 0.70 | 72 | S&P 500 | ITT vs VOO | |
| State Street SPDR S&P 500 ETF | 0.58 | 0.65 | 0.71 | 71 | S&P 500 | ITT vs SPY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ITT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is EOG Resources, Inc. (EOG) (Energy) with a 1Y correlation of -0.16, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| EOG Resources, Inc. | -0.16 | 0.08 | 0.20 | 61 | Energy | |
| Exxon Mobil Corporation | -0.12 | 0.09 | 0.22 | 84 | Energy | |
| Weis Markets, Inc. | -0.02 | 0.11 | 0.21 | 54 | Consumer Defensive | |
| Eli Lilly and Company | 0.03 | 0.16 | 0.18 | 81 | Healthcare | |
| Lockheed Martin Corporation | 0.04 | 0.09 | 0.15 | 76 | Industrials |
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