Looking to diversify beyond IBCA? The ETFs below have the lowest correlation with IBCA — 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 IBCA.
Best Diversifiers for IBCA
441 ETFs have low correlation with IBCA (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, down from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.36 | -0.36 | 61 | Leveraged Currency | IBCA vs YCS | |
| Fidelity Managed Futures ETF | -0.28 | — | — | 64 | Systematic Trend | IBCA vs FFUT | |
| VanEck Commodity Strategy ETF | -0.25 | — | — | 55 | Commodities | IBCA vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | — | — | 70 | Commodities | IBCA vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.21 | -0.17 | -0.17 | 50 | Commodities | IBCA vs CERY |
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