Looking to balance out your exposure to IBN? The ETFs below have the lowest correlation with IBN — they tend to move on their own, which can help reduce risk when IBN drops. The stock ideas table highlights individual companies that behave independently from IBN.
Best Diversifiers for IBN
2 ETFs have low correlation with IBN (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.05, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.05 | -0.02 | -0.01 | 100 | Ultrashort Bond | IBN vs SGOV | |
| Vanguard Information Technology ETF | 0.21 | 0.25 | 0.39 | 76 | Technology Equities | IBN vs VGT | |
| Vanguard Total Stock Market ETF | 0.31 | 0.35 | 0.46 | 68 | Large Cap Blend Equities | IBN vs VTI | |
| State Street SPDR S&P 500 ETF | 0.32 | 0.34 | 0.46 | 70 | S&P 500 | IBN vs SPY | |
| Vanguard S&P 500 ETF | 0.32 | 0.34 | 0.46 | 70 | S&P 500 | IBN vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBN and solid risk/return profiles. The least correlated is BP p.l.c. (BP) (Energy) with a 1Y correlation of -0.17, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP p.l.c. | -0.17 | 0.06 | 0.16 | 87 | Energy | |
| Shell plc | -0.03 | 0.11 | 0.19 | 80 | Energy | |
| TotalEnergies SE | -0.03 | 0.06 | 0.10 | 90 | Energy | |
| National Oilwell Varco, Inc. | 0.03 | 0.10 | 0.15 | 86 | Energy | |
| Orange S.A | 0.06 | 0.12 | 0.15 | 88 | Communication Services |
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Build a portfolio that complements IBN
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