Looking to diversify beyond IBGL? The ETFs below have the lowest correlation with IBGL — 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 IBGL.
Best Diversifiers for IBGL
1763 ETFs have low correlation with IBGL (below 0.3), 127 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, down from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.33 | -0.33 | 67 | Leveraged Currency | IBGL vs YCS | |
| Invesco DB Energy Fund | -0.39 | — | — | 71 | Oil & Gas | IBGL vs DBE | |
| United States Gasoline Fund LP | -0.38 | — | — | 70 | Oil & Gas | IBGL vs UGA | |
| Invesco DB Oil Fund | -0.37 | — | — | 65 | Oil & Gas | IBGL vs DBO | |
| United States Oil Fund LP | -0.37 | — | — | 66 | Oil & Gas | IBGL vs USO |
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