Looking to diversify beyond IYLD? The ETFs below have the lowest correlation with IYLD — 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 IYLD.
Best Diversifiers for IYLD
211 ETFs have low correlation with IYLD (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, down from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.35 | -0.33 | 61 | Leveraged Currency | IYLD vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | IYLD vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | IYLD vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.03 | -0.01 | 100 | Ultrashort Bond | IYLD vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.06 | -0.00 | 100 | Government Bonds, Ultrashort Bond | IYLD vs USFR |
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