Looking to balance out your exposure to IVR? The ETFs below have the lowest correlation with IVR — they tend to move on their own, which can help reduce risk when IVR drops. The stock ideas table highlights individual companies that behave independently from IVR.
Best Diversifiers for IVR
0 ETFs have low correlation with IVR (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.32, roughly unchanged from 0.36 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | 0.32 | 0.36 | — | 74 | Nasdaq-100, Derivative Income | IVR vs JEPQ | |
| Schwab U.S. Dividend Equity ETF | 0.33 | 0.46 | 0.49 | 80 | Dividend | IVR vs SCHD | |
| Invesco S&P 500 Revenue ETF | 0.35 | 0.46 | 0.51 | 81 | S&P 500 | IVR vs RWL | |
| State Street SPDR S&P 500 ETF | 0.37 | 0.44 | 0.49 | 70 | S&P 500 | IVR vs SPY | |
| Vanguard S&P 500 ETF | 0.37 | 0.45 | 0.49 | 70 | S&P 500 | IVR vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IVR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IVR and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of 0.02, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.02 | 0.12 | 0.18 | 69 | Consumer Defensive | |
| Verizon Communications Inc. | 0.05 | 0.14 | 0.19 | 59 | Communication Services | |
| IAMGOLD Corporation | 0.12 | 0.18 | 0.21 | 84 | Basic Materials | |
| British American Tobacco p.l.c. | 0.19 | 0.23 | 0.24 | 77 | Consumer Defensive | |
| Amazon.com, Inc | 0.20 | 0.23 | 0.32 | 60 | Consumer Cyclical |
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Build a portfolio that complements IVR
Add IVR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IVR