Looking to diversify beyond IBDZ? The ETFs below have historically moved differently from IBDZ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IBDZ
533 ETFs have low correlation with IBDZ (below 0.3), 108 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | — | — | 56 | Leveraged Currency | IBDZ vs YCS | |
| Invesco DB Energy Fund | -0.41 | — | — | 72 | Oil & Gas | IBDZ vs DBE | |
| United States Brent Oil Fund LP | -0.40 | — | — | 52 | Oil & Gas | IBDZ vs BNO | |
| United States Oil Fund LP | -0.40 | — | — | 55 | Oil & Gas | IBDZ vs USO | |
| Invesco DB Oil Fund | -0.39 | — | — | 58 | Oil & Gas | IBDZ vs DBO |
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