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iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC2.DE) Diversifiers

ETF · Currency in EUR · Last updated Jul 4, 2026

The fund tracks US Dollar-denominated high yield corporate bonds, currency hedged to the Euro.

Looking to diversify beyond IBC2.DE? The ETFs below have the lowest correlation with IBC2.DE — 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 IBC2.DE.

Best Diversifiers for IBC2.DE

6 ETFs have low correlation with IBC2.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Short Duration High Yield Corporate Bond UCITS ETF (IS3K.DE) (High Yield Bonds) with a 1Y correlation of 0.07, roughly unchanged from 0.16 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
IS3K.DE
iShares USD Short Duration High Yield Corporate Bo...0.070.090.16
60
High Yield BondsIBC2.DE vs IS3K.DE
XZHY.DE
Xtrackers ESG USD High Yield Corporate Bond UCITS ...0.110.17—
58
High Yield BondsIBC2.DE vs XZHY.DE
IS0R.DE
iShares USD High Yield Corporate Bond UCITS ETF US...0.140.210.32
61
High Yield BondsIBC2.DE vs IS0R.DE
XUHY.DE
Xtrackers USD High Yield Corporate Bond UCITS ETF ...0.160.200.30
60
High Yield BondsIBC2.DE vs XUHY.DE
QDVQ.DE
iShares Fallen Angels High Yield Corporate Bond UC...0.240.230.32
62
High Yield BondsIBC2.DE vs QDVQ.DE
See all 16 diversifiers for IBC2.DE

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