Looking to diversify beyond IBHI? The ETFs below have the lowest correlation with IBHI — 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 IBHI.
Best Diversifiers for IBHI
239 ETFs have low correlation with IBHI (below 0.3), 76 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 -0.38 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 | -0.38 | — | 51 | Currency | IBHI vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 68 | Inverse Equities, Leveraged Equities | IBHI vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 60 | Inverse Equities | IBHI vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IBHI vs SBIT | |
| ProShares Short Bitcoin ETF | -0.37 | -0.29 | -0.30 | 57 | Cryptocurrency | IBHI vs BITI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBHI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBHI and solid risk/return profiles. The least correlated is Newmont Corporation (NEM) (Basic Materials) with a 1Y correlation of 0.31, roughly unchanged from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Newmont Corporation | 0.31 | 0.27 | — | 77 | Basic Materials |
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