Looking to diversify beyond IBDR? The ETFs below have the lowest correlation with IBDR — 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 IBDR.
Best Diversifiers for IBDR
2074 ETFs have low correlation with IBDR (below 0.3), 82 of which are negatively correlated. The least correlated is Franklin Ultra Short Bond ETF (FLUD) (Ultrashort Bond) with a 1Y correlation of -0.12, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Ultra Short Bond ETF | -0.12 | 0.04 | 0.18 | 92 | Ultrashort Bond | IBDR vs FLUD | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | -0.08 | -0.03 | — | 99 | Ultrashort Bond | IBDR vs CSHI | |
| iShares Diversified Commodity Swap UCITS ETF | -0.06 | -0.08 | — | 77 | Commodities | IBDR vs ISCMF | |
| Global X MSCI Vietnam ETF | -0.06 | 0.07 | — | 56 | Emerging Markets Equities | IBDR vs VNAM | |
| SGI Enhanced Core ETF | -0.06 | -0.04 | -0.04 | 95 | Intermediate Core Bond | IBDR vs USDX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBDR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBDR and solid risk/return profiles. The least correlated is BlackRock, Inc. (BLK) (Financial Services) with a 1Y correlation of -0.03, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock, Inc. | -0.03 | 0.17 | 0.21 | 52 | Financial Services | |
| Apple Inc | 0.05 | 0.14 | 0.18 | 88 | Technology |
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