Looking to diversify beyond IVVM? The ETFs below have the lowest correlation with IVVM — 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 IVVM.
Best Diversifiers for IVVM
399 ETFs have low correlation with IVVM (below 0.3), 79 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | -0.35 | 57 | Cryptocurrency | IVVM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IVVM vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | -0.42 | -0.42 | 60 | Inverse Equities | IVVM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | IVVM vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | -0.45 | -0.45 | 70 | Derivative Income | IVVM vs WNTR |
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