Looking to diversify beyond IBDY? The ETFs below have the lowest correlation with IBDY — 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 IBDY.
Best Diversifiers for IBDY
353 ETFs have low correlation with IBDY (below 0.3), 42 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | — | — | 61 | Leveraged Currency | IBDY vs YCS | |
| Fidelity Managed Futures ETF | -0.28 | — | — | 64 | Systematic Trend | IBDY vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | — | — | 70 | Commodities | IBDY vs FAAR | |
| VanEck Commodity Strategy ETF | -0.24 | — | — | 55 | Commodities | IBDY vs PIT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.21 | -0.18 | -0.18 | 99 | Ultrashort Bond | IBDY vs CSHP |
See all 2066 diversifiers for IBDY
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Diversification Analysis
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