Looking to diversify beyond IYH? The ETFs below have the lowest correlation with IYH — 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 IYH.
Best Diversifiers for IYH
1212 ETFs have low correlation with IYH (below 0.3), 60 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.30 | -0.15 | -0.04 | 72 | Oil & Gas | IYH vs UGA | |
| ProShares UltraShort Yen | -0.28 | -0.12 | -0.10 | 75 | Leveraged Currency | IYH vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.24 | -0.12 | 0.00 | 51 | Commodities | IYH vs PDBC | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.19 | -0.09 | 0.03 | 65 | Commodities | IYH vs SDCI | |
| VanEck Commodity Strategy ETF | -0.19 | -0.10 | — | 69 | Commodities | IYH vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IYH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IYH and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.11, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.11 | 0.08 | 0.24 | 73 | Technology | |
| NVIDIA Corporation | -0.06 | 0.09 | 0.25 | 69 | Technology | |
| Celestica Inc. | -0.05 | 0.08 | 0.20 | 87 | Technology | |
| Advanced Micro Devices, Inc. | -0.01 | 0.14 | 0.25 | 97 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.00 | 0.13 | 0.19 | 93 | Technology |
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