Looking to balance out your exposure to IBKR? The ETFs below have the lowest correlation with IBKR — they tend to move on their own, which can help reduce risk when IBKR drops. The stock ideas table highlights individual companies that behave independently from IBKR.
Best Diversifiers for IBKR
55 ETFs have low correlation with IBKR (below 0.3), 18 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.19, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.19 | 0.01 | 0.07 | 66 | Oil & Gas | IBKR vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.13 | 0.04 | 0.09 | 54 | Leveraged Commodities | IBKR vs UCO | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.03 | -0.00 | 100 | Ultrashort Bond | IBKR vs SGOV | |
| iShares Global Energy ETF | -0.09 | 0.14 | 0.23 | 76 | Energy Equities | IBKR vs IXC | |
| State Street Energy Select Sector SPDR ETF | -0.09 | 0.15 | 0.22 | 63 | Energy Equities | IBKR vs XLE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBKR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBKR and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.28, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.28 | -0.12 | -0.04 | 53 | Utilities | |
| The Coca-Cola Company | -0.20 | -0.07 | 0.04 | 66 | Consumer Defensive | |
| Altria Group, Inc. | -0.18 | -0.05 | 0.05 | 69 | Consumer Defensive | |
| PepsiCo, Inc. | -0.17 | -0.08 | 0.00 | 56 | Consumer Defensive | |
| Verizon Communications Inc. | -0.13 | -0.04 | 0.01 | 59 | Communication Services |
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