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
192 ETFs have low correlation with IBHH (below 0.3), 59 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.37 | — | 51 | Currency | IBHH vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | — | — | 60 | Inverse Equities | IBHH vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 70 | Derivative Income | IBHH vs WNTR | |
| ProShares UltraShort Yen | -0.36 | -0.23 | — | 72 | Leveraged Currency | IBHH vs YCS | |
| ProShares Short Bitcoin ETF | -0.35 | -0.28 | -0.30 | 57 | Cryptocurrency | IBHH vs BITI |
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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 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.14 | 0.04 | — | 70 | Energy | |
| Enterprise Products Partners L.P. | -0.11 | 0.14 | — | 87 | Energy | |
| Western Midstream Partners, LP | -0.06 | 0.14 | — | 80 | Energy | |
| MPLX LP | 0.03 | 0.21 | — | 82 | Energy | |
| FLEX LNG Ltd | 0.05 | 0.16 | — | 88 | Energy |
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