Looking to diversify beyond IXG? The ETFs below have historically moved differently from IXG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IXG
412 ETFs have low correlation with IXG (below 0.3), 93 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.35 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | IXG vs SBIT | |
| ProShares Short Bitcoin ETF | -0.35 | -0.30 | — | 61 | Cryptocurrency | IXG vs BITI | |
| Alpha Architect Tail Risk ETF | -0.33 | -0.10 | — | 56 | Options Trading | IXG vs CAOS | |
| Invesco DB Energy Fund | -0.33 | -0.13 | 0.08 | 72 | Oil & Gas | IXG vs DBE | |
| United States Oil Fund LP | -0.32 | -0.11 | 0.08 | 55 | Oil & Gas | IXG vs USO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IXG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.00, down from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.00 | 0.14 | 0.23 | 62 | Consumer Defensive | |
| NVIDIA Corporation | 0.24 | 0.28 | 0.41 | 56 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.25 | 0.34 | 0.43 | 87 | Technology | |
| RTX Corporation | 0.37 | 0.36 | 0.46 | 82 | Industrials | |
| Apple Inc | 0.38 | 0.35 | 0.45 | 89 | Technology |
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