Looking to diversify beyond IBHH? The ETFs below have the lowest correlation with IBHH — 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 IBHH.
Best Diversifiers for IBHH
164 ETFs have low correlation with IBHH (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.23 | — | 63 | Leveraged Currency | IBHH vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.05 | — | 55 | Oil & Gas | IBHH vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | IBHH vs RBIL | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | -0.01 | — | 75 | Commodities | IBHH vs FAAR | |
| VanEck Commodity Strategy ETF | -0.16 | 0.02 | — | 57 | Commodities | IBHH vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBHH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBHH and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.14, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.14 | 0.05 | 0.16 | 70 | Energy | |
| Enterprise Products Partners L.P. | -0.09 | 0.15 | 0.25 | 85 | Energy | |
| Western Midstream Partners, LP | -0.05 | 0.15 | 0.26 | 74 | Energy | |
| FLEX LNG Ltd | 0.02 | 0.16 | 0.24 | 86 | Energy | |
| AbbVie Inc. | 0.12 | 0.14 | 0.15 | 75 | Healthcare |
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