Looking to diversify beyond IBID? The ETFs below have historically moved differently from IBID, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IBID
2163 ETFs have low correlation with IBID (below 0.3), 1717 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Japan Hedged Equity Fund | -0.27 | — | — | 93 | Japan Equities, Asia Pacific Equities | IBID vs DXJ | |
| Gabelli Love Our Planet & People ETF | -0.27 | — | — | 53 | Mid Cap Blend Equities, ESG | IBID vs LOPP | |
| iShares U.S. Manufacturing ETF | -0.25 | — | — | 61 | Industrials Equities | IBID vs MADE | |
| Franklin FTSE Japan Hedged ETF | -0.24 | — | — | 83 | Japan Equities, Asia Pacific Equities | IBID vs FLJH | |
| iShares MSCI Peru ETF | -0.24 | 0.02 | 0.02 | 88 | Latin America Equities | IBID vs EPU |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IBID, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Annaly Capital Management, Inc. (NLY) (Real Estate) with a 1Y correlation of -0.03, down from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Annaly Capital Management, Inc. | -0.03 | 0.17 | 0.17 | 80 | Real Estate | |
| Realty Income Corporation | 0.06 | 0.17 | 0.17 | 77 | Real Estate |
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