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
628 ETFs have low correlation with IBND (below 0.3), 80 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.68, down from -0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.68 | -0.58 | -0.57 | 63 | Leveraged Currency | IBND vs YCS | |
| United States Brent Oil Fund LP | -0.43 | -0.17 | -0.05 | 65 | Oil & Gas | IBND vs BNO | |
| United States Oil Fund LP | -0.42 | -0.17 | -0.05 | 66 | Oil & Gas | IBND vs USO | |
| Invesco DB Energy Fund | -0.42 | -0.17 | -0.05 | 71 | Oil & Gas | IBND vs DBE | |
| United States Gasoline Fund LP | -0.41 | -0.18 | -0.06 | 71 | Oil & Gas | IBND vs UGA |
See all 2190 diversifiers for IBND
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