Looking to balance out your exposure to IZM? The ETFs below have the lowest correlation with IZM — they tend to move on their own, which can help reduce risk when IZM drops. The stock ideas table highlights individual companies that behave independently from IZM.
Best Diversifiers for IZM
1 ETFs have low correlation with IZM (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.14, roughly unchanged from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.14 | 0.08 | — | 70 | S&P 500 | IZM vs SPY |
Diversification Analysis
Build a portfolio that complements IZM
Add IZM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IZM