Looking to diversify beyond IYT? The ETFs below have the lowest correlation with IYT — 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 IYT.
Best Diversifiers for IYT
381 ETFs have low correlation with IYT (below 0.3), 46 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.23, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | -0.20 | -0.20 | 97 | Inflation-Protected Bonds | IYT vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | IYT vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.20 | -0.04 | -0.04 | 95 | Inflation-Protected Bonds | IYT vs IBID | |
| ProShares UltraShort Yen | -0.19 | -0.03 | -0.00 | 61 | Leveraged Currency | IYT vs YCS | |
| VanEck Commodity Strategy ETF | -0.16 | -0.03 | 0.02 | 55 | Commodities | IYT vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IYT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IYT and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.32, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.32 | 0.37 | 0.46 | 52 | Consumer Cyclical | |
| Freeport-McMoRan Inc. | 0.38 | 0.41 | 0.48 | 80 | Basic Materials | |
| Union Pacific Corporation | 0.62 | 0.67 | 0.71 | 68 | Industrials | |
| CSX Corporation | 0.63 | 0.66 | 0.72 | 88 | Industrials |
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