Looking to diversify beyond IYR? The ETFs below have the lowest correlation with IYR — 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 IYR.
Best Diversifiers for IYR
1043 ETFs have low correlation with IYR (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.26 | -0.19 | 73 | Leveraged Currency | IYR vs YCS | |
| United States Gasoline Fund LP | -0.15 | -0.07 | 0.02 | 60 | Oil & Gas | IYR vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.15 | -0.20 | -0.20 | 51 | Derivative Income | IYR vs WNTR | |
| Fidelity Managed Futures ETF | -0.11 | — | — | 60 | Systematic Trend | IYR vs FFUT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | — | — | 97 | Inflation-Protected Bonds | IYR vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IYR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IYR and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.10, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.10 | 0.04 | 0.24 | 70 | Technology | |
| Apple Inc | 0.19 | 0.24 | 0.39 | 88 | Technology | |
| American Express Company | 0.33 | 0.38 | 0.47 | 55 | Financial Services | |
| Matson, Inc. | 0.35 | 0.35 | 0.38 | 89 | Industrials | |
| Sun Life Financial Inc. | 0.36 | 0.43 | 0.50 | 72 | Financial Services |
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