Looking to diversify beyond IBHK? The ETFs below have the lowest correlation with IBHK — 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 IBHK.
Best Diversifiers for IBHK
173 ETFs have low correlation with IBHK (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.19 | -0.19 | 63 | Leveraged Currency | IBHK vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.11 | -0.11 | 55 | Oil & Gas | IBHK vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | IBHK vs RBIL | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | — | — | 75 | Commodities | IBHK vs FAAR | |
| VanEck Commodity Strategy ETF | -0.15 | — | — | 57 | Commodities | IBHK vs PIT |
See all 1941 diversifiers for IBHK
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