Looking to diversify beyond IBMT? The ETFs below have the lowest correlation with IBMT — 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 IBMT.
Best Diversifiers for IBMT
1816 ETFs have low correlation with IBMT (below 0.3), 110 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Texas Capital Texas Oil Index ETF | -0.27 | — | — | 51 | Energy Equities | IBMT vs OILT | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | -0.26 | -0.18 | -0.18 | 58 | Leveraged Equities | IBMT vs NRGU | |
| MicroSectors Oil & Gas Exploration & Production 3X... | -0.26 | -0.17 | -0.17 | 52 | Leveraged Commodities | IBMT vs OILU | |
| United States Oil Fund LP | -0.25 | -0.20 | -0.20 | 66 | Oil & Gas | IBMT vs USO | |
| Invesco S&P 500 Equal Weight Energy ETF | -0.25 | — | — | 64 | Energy Equities, S&P 500 | IBMT vs RSPG |
See all 2103 diversifiers for IBMT
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