Looking to balance out your exposure to IBCP? The ETFs below have the lowest correlation with IBCP — they tend to move on their own, which can help reduce risk when IBCP drops. The stock ideas table highlights individual companies that behave independently from IBCP.
Best Diversifiers for IBCP
1 ETFs have low correlation with IBCP (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 0.28, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.28 | 0.40 | 0.43 | 63 | S&P 500 | IBCP vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBCP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBCP and solid risk/return profiles. The least correlated is Northeast Bank (NBN) (Financial Services) with a 1Y correlation of 0.70, up from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Northeast Bank | 0.70 | 0.70 | 0.58 | 75 | Financial Services |
Build a portfolio that complements IBCP
Add IBCP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IBCP