Looking to diversify beyond IBDU? The ETFs below have the lowest correlation with IBDU — 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 IBDU.
Best Diversifiers for IBDU
835 ETFs have low correlation with IBDU (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.52, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.52 | -0.47 | -0.50 | 61 | Leveraged Currency | IBDU vs YCS | |
| Fidelity Managed Futures ETF | -0.30 | — | — | 64 | Systematic Trend | IBDU vs FFUT | |
| VanEck Commodity Strategy ETF | -0.23 | -0.07 | -0.06 | 55 | Commodities | IBDU vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.21 | -0.07 | -0.08 | 70 | Commodities | IBDU vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.18 | -0.07 | -0.07 | 50 | Commodities | IBDU vs CERY |
See all 2065 diversifiers for IBDU
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