Looking to diversify beyond IBHE? The ETFs below have historically moved differently from IBHE, 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 IBHE
2245 ETFs have low correlation with IBHE (below 0.3), 744 of which are negatively correlated. The least correlated is Strive U.S. Energy ETF (DRLL) (Energy Equities) with a 1Y correlation of -0.13, down from 0.07 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Strive U.S. Energy ETF | -0.13 | 0.07 | — | 70 | Energy Equities | IBHE vs DRLL | |
| MicroSectors Energy 3X Leveraged ETN | -0.13 | 0.07 | 0.11 | 55 | Leveraged Equities | IBHE vs WTIU | |
| iShares U.S. Oil & Gas Exploration & Production ET... | -0.13 | 0.09 | 0.21 | 67 | Energy Equities | IBHE vs IEO | |
| State Street Energy Select Sector SPDR ETF | -0.12 | 0.08 | 0.20 | 76 | Energy Equities | IBHE vs XLE | |
| iShares U.S. Energy ETF | -0.12 | 0.09 | 0.22 | 75 | Energy Equities | IBHE vs IYE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IBHE
Add IBHE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IBHE