Looking to diversify beyond IBND? The ETFs below have the lowest correlation with IBND — 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 IBND.
Best Diversifiers for IBND
446 ETFs have low correlation with IBND (below 0.3), 76 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.89, roughly unchanged from -0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.89 | -0.87 | -0.85 | 51 | Currency | IBND vs UUP | |
| ProShares UltraShort Yen | -0.65 | -0.58 | -0.57 | 72 | Leveraged Currency | IBND vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.18 | -0.06 | 53 | Oil & Gas | IBND vs DBE | |
| United States Gasoline Fund LP | -0.40 | -0.18 | -0.07 | 78 | Oil & Gas | IBND vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.32 | -0.09 | 0.01 | 51 | Commodities | IBND vs GSG |
See all 2046 diversifiers for IBND
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