Looking to balance out your exposure to IVZ? The ETFs below have the lowest correlation with IVZ — they tend to move on their own, which can help reduce risk when IVZ drops. The stock ideas table highlights individual companies that behave independently from IVZ.
Best Diversifiers for IVZ
1 ETFs have low correlation with IVZ (below 0.3), 0 of which are negatively correlated. The least correlated is YieldMax NVDA Option Income Strategy ETF (NVDY) (Derivative Income) with a 1Y correlation of 0.26, roughly unchanged from 0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax NVDA Option Income Strategy ETF | 0.26 | 0.28 | — | 56 | Derivative Income, Options Trading | IVZ vs NVDY | |
| Schwab U.S. Dividend Equity ETF | 0.38 | 0.55 | 0.65 | 85 | Dividend | IVZ vs SCHD | |
| Freedom 100 Emerging Markets ETF | 0.42 | 0.46 | 0.53 | 92 | Emerging Markets Diversified | IVZ vs FRDM | |
| iShares MSCI Emerging Markets Min Vol Factor ETF | 0.45 | 0.46 | 0.50 | 60 | Asia Pacific Equities | IVZ vs EEMV | |
| Invesco QQQ ETF | 0.48 | 0.46 | 0.54 | 74 | Nasdaq-100 | IVZ vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IVZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IVZ and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.20 | 0.04 | 0.18 | 73 | Consumer Defensive | |
| Equinor ASA | -0.14 | 0.11 | 0.19 | 83 | Energy | |
| The Coca-Cola Company | -0.12 | 0.02 | 0.16 | 62 | Consumer Defensive | |
| Cboe Global Markets, Inc. | -0.08 | -0.10 | 0.07 | 71 | Financial Services | |
| Coterra Energy Inc. | -0.06 | 0.19 | 0.27 | 80 | Energy |
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Build a portfolio that complements IVZ
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