Looking to diversify beyond IBDV? The ETFs below have the lowest correlation with IBDV — 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 IBDV.
Best Diversifiers for IBDV
495 ETFs have low correlation with IBDV (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.45 | -0.48 | 73 | Leveraged Currency | IBDV vs YCS | |
| United States Gasoline Fund LP | -0.38 | -0.17 | -0.10 | 60 | Oil & Gas | IBDV vs UGA | |
| Fidelity Managed Futures ETF | -0.28 | — | — | 60 | Systematic Trend | IBDV vs FFUT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.21 | — | — | 99 | Ultrashort Bond | IBDV vs CSHP | |
| VanEck Commodity Strategy ETF | -0.20 | -0.06 | — | 59 | Commodities | IBDV vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBDV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBDV and solid risk/return profiles. The least correlated is The Williams Companies, Inc. (WMB) (Energy) with a 1Y correlation of -0.02, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Williams Companies, Inc. | -0.02 | 0.09 | 0.10 | 75 | Energy | |
| Walmart Inc. | 0.04 | 0.07 | 0.11 | 70 | Consumer Defensive | |
| NVIDIA Corporation | 0.05 | 0.08 | 0.14 | 70 | Technology | |
| Lockheed Martin Corporation | 0.07 | 0.07 | 0.06 | 52 | Industrials | |
| D-Wave Quantum Inc | 0.12 | 0.09 | — | 61 | Technology |
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