Looking to balance out your exposure to IBIO? The ETFs below have the lowest correlation with IBIO — they tend to move on their own, which can help reduce risk when IBIO drops. The stock ideas table highlights individual companies that behave independently from IBIO.
Best Diversifiers for IBIO
1 ETFs have low correlation with IBIO (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.10, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.10 | 0.11 | 0.14 | 80 | Dividend | IBIO vs SCHD | |
| SPDR S&P Biotech ETF | 0.37 | 0.27 | 0.33 | 74 | Health & Biotech Equities | IBIO vs XBI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBIO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBIO and solid risk/return profiles. The least correlated is Pfizer Inc. (PFE) (Healthcare) with a 1Y correlation of 0.17, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pfizer Inc. | 0.17 | 0.16 | 0.10 | 61 | Healthcare |
Build a portfolio that complements IBIO
Add IBIO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IBIO