Looking to diversify beyond IWMY? The ETFs below have the lowest correlation with IWMY — 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 IWMY.
Best Diversifiers for IWMY
278 ETFs have low correlation with IWMY (below 0.3), 36 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | IWMY vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | IWMY vs RBIL | |
| ProShares UltraShort Yen | -0.19 | — | — | 61 | Leveraged Currency | IWMY vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.18 | — | — | 100 | Government Bonds, Ultrashort Bond | IWMY vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | — | — | 99 | Ultrashort Bond | IWMY vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IWMY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IWMY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.12, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.12 | 0.11 | 0.11 | 68 | Energy | |
| The Coca-Cola Company | -0.12 | -0.01 | -0.01 | 74 | Consumer Defensive | |
| Chevron Corporation | -0.08 | 0.13 | 0.13 | 68 | Energy | |
| Verizon Communications Inc. | -0.04 | 0.00 | 0.00 | 63 | Communication Services | |
| Sunoco LP | -0.02 | 0.18 | 0.18 | 72 | Energy |
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