Looking to diversify beyond IBHF? The ETFs below have historically moved differently from IBHF, 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 IBHF
1900 ETFs have low correlation with IBHF (below 0.3), 92 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.18, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.18 | -0.06 | 0.08 | 66 | Oil & Gas | IBHF vs DBE | |
| Invesco DB Oil Fund | -0.18 | -0.06 | 0.07 | 51 | Oil & Gas | IBHF vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | -0.01 | 0.11 | 61 | Commodities | IBHF vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.17 | -0.03 | 0.10 | 56 | Commodities | IBHF vs COMT | |
| DoubleLine Commodity Strategy ETF | -0.17 | -0.03 | -0.03 | 58 | Commodities | IBHF vs DCMT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IBHF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.10, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.10 | 0.15 | 0.24 | 89 | Energy | |
| Energy Transfer LP | -0.08 | 0.19 | 0.29 | 82 | Energy | |
| Western Midstream Partners, LP | -0.07 | 0.16 | 0.26 | 82 | Energy | |
| Chevron Corporation | -0.03 | 0.03 | 0.14 | 79 | Energy | |
| MPLX LP | 0.01 | 0.18 | 0.27 | 82 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IBHF
Add IBHF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IBHF