Looking to diversify beyond IBIH? The ETFs below have the lowest correlation with IBIH — 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 IBIH.
Best Diversifiers for IBIH
1770 ETFs have low correlation with IBIH (below 0.3), 148 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.45 | -0.45 | 61 | Leveraged Currency | IBIH vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.20 | -0.16 | -0.16 | 100 | Ultrashort Bond | IBIH vs CSHP | |
| ProShares Investment Grade-Interest Rate Hedged | -0.18 | -0.15 | -0.15 | 56 | Corporate Bonds | IBIH vs IGHG | |
| United States Gasoline Fund LP | -0.15 | -0.08 | -0.08 | 69 | Oil & Gas | IBIH vs UGA | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.15 | -0.07 | -0.07 | 64 | Commodities | IBIH vs USOI |
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