Looking to diversify beyond IBMR? The ETFs below have the lowest correlation with IBMR — 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 IBMR.
Best Diversifiers for IBMR
1659 ETFs have low correlation with IBMR (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, roughly unchanged from -0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.30 | — | 63 | Leveraged Currency | IBMR vs YCS | |
| Bastion Energy ETF | -0.19 | — | — | 84 | Energy Equities | IBMR vs BESF | |
| United States Gasoline Fund LP | -0.19 | -0.08 | — | 55 | Oil & Gas | IBMR vs UGA | |
| VanEck Commodity Strategy ETF | -0.18 | -0.05 | — | 57 | Commodities | IBMR vs PIT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.16 | -0.02 | — | 50 | Commodities | IBMR vs CMDT |
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