Looking to diversify beyond IBIK? The ETFs below have historically moved differently from IBIK, 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 IBIK
1595 ETFs have low correlation with IBIK (below 0.3), 105 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | — | — | 56 | Leveraged Currency | IBIK vs YCS | |
| United States Brent Oil Fund LP | -0.24 | — | — | 52 | Oil & Gas | IBIK vs BNO | |
| United States Oil Fund LP | -0.23 | -0.13 | -0.13 | 55 | Oil & Gas | IBIK vs USO | |
| Invesco DB Energy Fund | -0.23 | — | — | 72 | Oil & Gas | IBIK vs DBE | |
| Bastion Energy ETF | -0.22 | — | — | 88 | Energy Equities | IBIK vs BESF |
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