Looking to diversify beyond IBRN? The ETFs below have the lowest correlation with IBRN — 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 IBRN.
Best Diversifiers for IBRN
490 ETFs have low correlation with IBRN (below 0.3), 95 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.30 | -0.11 | — | 66 | Oil & Gas | IBRN vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | -0.12 | — | 56 | Derivative Income | IBRN vs USOY | |
| United States Brent Oil Fund LP | -0.28 | -0.09 | — | 65 | Oil & Gas | IBRN vs BNO | |
| Invesco DB Energy Fund | -0.27 | -0.10 | — | 71 | Oil & Gas | IBRN vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | -0.08 | -0.01 | 56 | Oil & Gas | IBRN vs OILK |
See all 2179 diversifiers for IBRN
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