Looking to diversify beyond IBMO? The ETFs below have the lowest correlation with IBMO — 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 IBMO.
Best Diversifiers for IBMO
1932 ETFs have low correlation with IBMO (below 0.3), 92 of which are negatively correlated. The least correlated is Invesco S&P SmallCap Energy ETF (PSCE) (Energy Equities) with a 1Y correlation of -0.12, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P SmallCap Energy ETF | -0.12 | -0.03 | -0.05 | 56 | Energy Equities | IBMO vs PSCE | |
| Dimensional Ultrashort Fixed Income ETF | -0.12 | — | — | 99 | Ultrashort Bond | IBMO vs DUSB | |
| VanEck Commodity Strategy ETF | -0.11 | -0.04 | — | 59 | Commodities | IBMO vs PIT | |
| Cambria Chesapeake Pure Trend ETF | -0.10 | — | — | 56 | Systematic Trend | IBMO vs MFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.10 | -0.00 | -0.02 | 77 | Commodities | IBMO vs FAAR |
See all 1932 diversifiers for IBMO
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