Looking to diversify beyond IVOV? The ETFs below have the lowest correlation with IVOV — 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 IVOV.
Best Diversifiers for IVOV
293 ETFs have low correlation with IVOV (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.18, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.18 | -0.07 | -0.03 | 61 | Leveraged Currency | IVOV vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | — | — | 97 | Inflation-Protected Bonds | IVOV vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | IVOV vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | IVOV vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | IVOV vs CSHP |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IVOV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IVOV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.07 | 0.13 | 0.25 | 70 | Consumer Defensive | |
| Duke Energy Corporation | 0.02 | 0.15 | 0.22 | 62 | Utilities | |
| Walmart Inc. | 0.04 | 0.15 | 0.24 | 69 | Consumer Defensive | |
| Chevron Corporation | 0.05 | 0.27 | 0.38 | 68 | Energy | |
| Energy Transfer LP | 0.06 | 0.31 | 0.41 | 67 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IVOV
Add IVOV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IVOV