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
502 ETFs have low correlation with IBRN (below 0.3), 88 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.34, roughly unchanged from -0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.34 | -0.25 | — | 51 | Currency | IBRN vs UUP | |
| ProShares Short Bitcoin ETF | -0.31 | -0.29 | -0.30 | 57 | Cryptocurrency | IBRN vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IBRN vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 68 | Inverse Equities, Leveraged Equities | IBRN vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | — | — | 60 | Inverse Equities | IBRN vs SMST |
See all 2037 diversifiers for IBRN
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