Looking to diversify beyond IXG? The ETFs below have the lowest correlation with IXG — 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 IXG.
Best Diversifiers for IXG
381 ETFs have low correlation with IXG (below 0.3), 57 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.31, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | -0.32 | -0.32 | 60 | Inverse Equities, Leveraged Equities | IXG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.31 | — | — | 53 | Inverse Equities | IXG vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | -0.33 | -0.33 | 65 | Derivative Income | IXG vs WNTR | |
| ProShares UltraShort Yen | -0.26 | -0.14 | -0.08 | 75 | Leveraged Currency | IXG vs YCS | |
| United States Gasoline Fund LP | -0.26 | -0.08 | 0.09 | 72 | Oil & Gas | IXG vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IXG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IXG and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.03, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.03 | 0.17 | 0.25 | 70 | Consumer Defensive | |
| NVIDIA Corporation | 0.22 | 0.29 | 0.41 | 69 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.25 | 0.34 | 0.43 | 93 | Technology | |
| Apple Inc | 0.36 | 0.36 | 0.46 | 90 | Technology | |
| RTX Corporation | 0.38 | 0.36 | 0.47 | 80 | Industrials |
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Build a portfolio that complements IXG
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