Looking to diversify beyond IYG? The ETFs below have the lowest correlation with IYG — 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 IYG.
Best Diversifiers for IYG
584 ETFs have low correlation with IYG (below 0.3), 71 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | — | — | 65 | Inverse Equities, Leveraged Equities | IYG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.28 | — | — | 56 | Inverse Equities | IYG vs SMST | |
| ProShares Short Bitcoin ETF | -0.26 | -0.29 | — | 53 | Cryptocurrency | IYG vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | — | — | 70 | Derivative Income | IYG vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.25 | — | — | 54 | Multistrategy | IYG vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IYG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IYG and solid risk/return profiles. The least correlated is Cheniere Energy, Inc. (LNG) (Energy) with a 1Y correlation of -0.02, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cheniere Energy, Inc. | -0.02 | 0.18 | 0.26 | 56 | Energy | |
| Eli Lilly and Company | 0.13 | 0.17 | 0.19 | 78 | Healthcare | |
| Arista Networks, Inc. | 0.20 | 0.29 | 0.41 | 79 | Technology | |
| Palo Alto Networks, Inc. | 0.21 | 0.28 | 0.35 | 86 | Technology | |
| Lam Research Corporation | 0.27 | 0.33 | 0.46 | 97 | Technology |
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