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 Calamos S&P 500 Structured Alt Protection ETF - May (CPSM) (Defined Outcome) with a 1Y correlation of 0.59, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 0.59 | 0.59 | 0.59 | 96 | Defined Outcome, S&P 500 | IBFR vs CPSM | |
| FT Vest Emerging Markets Buffer ETF - March | 0.62 | 0.62 | 0.62 | 86 | Defined Outcome | IBFR vs TMAR | |
| Innovator U.S. Equity Power Buffer ETF - July | 0.66 | 0.66 | 0.66 | 88 | Defined Outcome | IBFR vs PJUL | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 0.67 | 0.67 | 0.67 | 95 | Nasdaq-100, Defined Outcome | IBFR vs QMAR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 0.68 | — | — | 97 | Defined Outcome, Nasdaq-100 | IBFR vs PQAP |
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