Looking to diversify beyond IYY? The ETFs below have the lowest correlation with IYY — 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 IYY.
Best Diversifiers for IYY
354 ETFs have low correlation with IYY (below 0.3), 68 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.50 | — | — | 53 | Inverse Equities | IYY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | -0.47 | -0.47 | 68 | Inverse Equities, Leveraged Equities | IYY vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.47 | -0.38 | -0.39 | 57 | Cryptocurrency | IYY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IYY vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 70 | Derivative Income | IYY vs WNTR |
See all 2056 diversifiers for IYY
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