Looking to diversify beyond IYRI? The ETFs below have the lowest correlation with IYRI — 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 IYRI.
Best Diversifiers for IYRI
784 ETFs have low correlation with IYRI (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.20 | -0.20 | 61 | Leveraged Currency | IYRI vs YCS | |
| United States Gasoline Fund LP | -0.20 | — | — | 69 | Oil & Gas | IYRI vs UGA | |
| Invesco DB Energy Fund | -0.18 | -0.08 | -0.08 | 71 | Oil & Gas | IYRI vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.17 | -0.04 | -0.04 | 55 | Oil & Gas | IYRI vs OILK | |
| United States Oil Fund LP | -0.17 | -0.06 | -0.06 | 66 | Oil & Gas | IYRI vs USO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IYRI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IYRI and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.00 | — | — | 78 | Technology | |
| BlackRock Science and Technology Trust II | 0.07 | 0.19 | 0.19 | 95 | Financial Services | |
| BlackRock Science and Technology Trust | 0.11 | — | — | 88 | Financial Services | |
| UnitedHealth Group Incorporated | 0.23 | — | — | 61 | Healthcare | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.23 | 0.31 | 0.31 | 79 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IYRI
Add IYRI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IYRI