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
404 ETFs have low correlation with IBND (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.65, roughly unchanged from -0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.65 | -0.58 | -0.57 | 63 | Leveraged Currency | IBND vs YCS | |
| United States Gasoline Fund LP | -0.40 | -0.18 | -0.06 | 55 | Oil & Gas | IBND vs UGA | |
| TCW AAA CLO ETF | -0.32 | — | — | 99 | CLO | IBND vs ACLO | |
| Fidelity Managed Futures ETF | -0.23 | — | — | 64 | Systematic Trend | IBND vs FFUT | |
| VanEck Commodity Strategy ETF | -0.20 | 0.01 | 0.03 | 57 | Commodities | IBND vs PIT |
See all 1949 diversifiers for IBND
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