Looking to diversify beyond IVES? The ETFs below have the lowest correlation with IVES — 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 IVES.
Best Diversifiers for IVES
448 ETFs have low correlation with IVES (below 0.3), 53 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.50, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.50 | -0.49 | -0.49 | 51 | Derivative Income | IVES vs WNTR | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | -0.23 | — | — | 59 | Volatility Hedged Equity | IVES vs SIXH | |
| iShares Core High Dividend ETF | -0.23 | — | — | 74 | Dividend, Large Cap Value Equities | IVES vs HDV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.16 | — | — | 72 | Large Cap Value Equities, Dividend | IVES vs FDL | |
| United States Gasoline Fund LP | -0.15 | — | — | 60 | Oil & Gas | IVES vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IVES, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IVES and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.29, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.29 | 0.29 | 0.29 | 88 | Technology | |
| Intel Corporation | 0.38 | 0.39 | 0.39 | 99 | Technology | |
| AST SpaceMobile, Inc. | 0.44 | — | — | 56 | Technology | |
| Rocket Lab USA, Inc. | 0.49 | — | — | 84 | Industrials | |
| Amazon.com, Inc | 0.51 | — | — | 52 | Consumer Cyclical |
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Build a portfolio that complements IVES
Add IVES to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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