Looking to diversify beyond IVE? The ETFs below have historically moved differently from IVE, 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 IVE
374 ETFs have low correlation with IVE (below 0.3), 48 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 61 | Inverse Equities, Leveraged Equities | IVE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 52 | Inverse Equities | IVE vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.36 | — | — | 75 | Derivative Income | IVE vs WNTR | |
| ProShares Short Bitcoin ETF | -0.35 | -0.30 | — | 61 | Cryptocurrency | IVE vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | IVE vs SBIT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IVE, 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 Cheniere Energy, Inc. (LNG) (Energy) with a 1Y correlation of -0.08, down from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cheniere Energy, Inc. | -0.08 | 0.14 | 0.26 | 57 | Energy | |
| Occidental Petroleum Corporation | -0.04 | 0.20 | 0.32 | 70 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.03 | 0.19 | 0.22 | 85 | Energy | |
| Chevron Corporation | -0.02 | 0.23 | 0.34 | 80 | Energy | |
| BP p.l.c. | -0.00 | 0.18 | 0.33 | 84 | Energy |
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