Looking to diversify beyond IBHJ? The ETFs below have the lowest correlation with IBHJ — 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 IBHJ.
Best Diversifiers for IBHJ
200 ETFs have low correlation with IBHJ (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | — | — | 63 | Leveraged Currency | IBHJ vs YCS | |
| United States Gasoline Fund LP | -0.27 | -0.06 | — | 55 | Oil & Gas | IBHJ vs UGA | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | — | — | 99 | Ultrashort Bond | IBHJ vs CSHP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | IBHJ vs RBIL | |
| VanEck Commodity Strategy ETF | -0.14 | — | — | 57 | Commodities | IBHJ vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBHJ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBHJ and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.15, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.15 | 0.04 | 0.04 | 70 | Energy | |
| Enterprise Products Partners L.P. | -0.07 | 0.16 | 0.16 | 85 | Energy | |
| FLEX LNG Ltd | 0.01 | 0.13 | 0.13 | 86 | Energy | |
| Western Midstream Partners, LP | 0.04 | 0.21 | 0.21 | 74 | Energy | |
| AbbVie Inc. | 0.10 | 0.15 | 0.15 | 75 | Healthcare |
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