Looking to diversify beyond IBFR? The ETFs below have the lowest correlation with IBFR — 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 IBFR.
Best Diversifiers for IBFR
0 ETFs have low correlation with IBFR (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator Equity Defined Protection ETF - 1 Yr April (ZAPR) (Defined Outcome) with a 1Y correlation of 0.49, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 0.49 | 0.49 | 0.49 | 98 | Defined Outcome | IBFR vs ZAPR | |
| Innovator Defined Wealth Shield ETF | 0.52 | 0.52 | 0.52 | 96 | Defined Outcome | IBFR vs BALT | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 0.67 | 0.67 | 0.67 | 98 | Defined Outcome | IBFR vs XBAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 0.68 | 0.68 | 0.68 | 98 | Leveraged Equities | IBFR vs XTAP | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 0.69 | 0.69 | 0.69 | 85 | Defined Outcome | IBFR vs KFEB |
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