Looking to diversify beyond IBBQ? The ETFs below have the lowest correlation with IBBQ — 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 IBBQ.
Best Diversifiers for IBBQ
575 ETFs have low correlation with IBBQ (below 0.3), 81 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.30, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.30 | -0.25 | -0.27 | 51 | Currency | IBBQ vs UUP | |
| Invesco DB Energy Fund | -0.29 | -0.15 | -0.04 | 53 | Oil & Gas | IBBQ vs DBE | |
| ProShares Short Bitcoin ETF | -0.29 | -0.27 | -0.29 | 57 | Cryptocurrency | IBBQ vs BITI | |
| ProShares UltraShort Yen | -0.28 | -0.14 | -0.11 | 72 | Leveraged Currency | IBBQ vs YCS | |
| Proshares Ultrashort Bitcoin ETF | -0.28 | -0.29 | -0.29 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IBBQ vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBBQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBBQ and solid risk/return profiles. The least correlated is CrowdStrike Holdings, Inc. (CRWD) (Technology) with a 1Y correlation of 0.11, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc. | 0.11 | 0.21 | 0.35 | 77 | Technology | |
| NVIDIA Corporation | 0.11 | 0.20 | 0.35 | 65 | Technology | |
| Super Group (SGHC) Limited | 0.18 | 0.34 | — | 68 | Consumer Cyclical | |
| Mueller Industries, Inc. | 0.25 | 0.38 | 0.38 | 73 | Industrials | |
| Alamos Gold Inc. | 0.27 | 0.22 | 0.21 | 50 | Basic Materials |
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