Looking to diversify beyond IBTK? The ETFs below have historically moved differently from IBTK, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IBTK
1606 ETFs have low correlation with IBTK (below 0.3), 129 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.51 | -0.50 | 56 | Leveraged Currency | IBTK vs YCS | |
| United States Brent Oil Fund LP | -0.43 | -0.24 | -0.17 | 52 | Oil & Gas | IBTK vs BNO | |
| Invesco DB Energy Fund | -0.42 | -0.25 | -0.16 | 72 | Oil & Gas | IBTK vs DBE | |
| Invesco DB Oil Fund | -0.42 | -0.24 | -0.16 | 58 | Oil & Gas | IBTK vs DBO | |
| United States Oil Fund LP | -0.41 | -0.24 | -0.16 | 55 | Oil & Gas | IBTK vs USO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IBTK, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.28, down from -0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.28 | -0.12 | -0.13 | 84 | Energy | |
| The Williams Companies, Inc. | -0.08 | 0.01 | 0.02 | 74 | Energy | |
| TotalEnergies SE | -0.08 | -0.05 | -0.06 | 91 | Energy | |
| Cisco Systems, Inc. | -0.01 | 0.02 | 0.03 | 93 | Technology | |
| Verizon Communications Inc. | 0.02 | 0.14 | 0.13 | 66 | Communication Services |
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