Looking to diversify beyond IBDZ? The ETFs below have the lowest correlation with IBDZ — 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 IBDZ.
Best Diversifiers for IBDZ
508 ETFs have low correlation with IBDZ (below 0.3), 85 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.45 | -0.42 | -0.42 | 51 | Currency | IBDZ vs UUP | |
| ProShares UltraShort Yen | -0.45 | -0.45 | -0.45 | 72 | Leveraged Currency | IBDZ vs YCS | |
| United States Gasoline Fund LP | -0.38 | — | — | 78 | Oil & Gas | IBDZ vs UGA | |
| Invesco DB Energy Fund | -0.37 | -0.22 | -0.22 | 53 | Oil & Gas | IBDZ vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.32 | -0.17 | -0.17 | 51 | Commodities | IBDZ vs GSG |
See all 2037 diversifiers for IBDZ
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