Looking to diversify beyond IBGK? The ETFs below have the lowest correlation with IBGK — 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 IBGK.
Best Diversifiers for IBGK
1694 ETFs have low correlation with IBGK (below 0.3), 120 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.43 | -0.43 | 61 | Leveraged Currency | IBGK vs YCS | |
| Invesco DB Energy Fund | -0.40 | -0.28 | -0.28 | 71 | Oil & Gas | IBGK vs DBE | |
| United States Gasoline Fund LP | -0.39 | -0.26 | -0.26 | 69 | Oil & Gas | IBGK vs UGA | |
| Invesco DB Oil Fund | -0.38 | -0.26 | -0.26 | 65 | Oil & Gas | IBGK vs DBO | |
| United States Oil Fund LP | -0.38 | — | — | 66 | Oil & Gas | IBGK vs USO |
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