Looking to diversify beyond IBTK? The ETFs below have the lowest correlation with IBTK — 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 IBTK.
Best Diversifiers for IBTK
1519 ETFs have low correlation with IBTK (below 0.3), 67 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.49 | -0.50 | 63 | Leveraged Currency | IBTK vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.21 | -0.14 | 55 | Oil & Gas | IBTK vs UGA | |
| Fidelity Managed Futures ETF | -0.39 | -0.39 | -0.39 | 64 | Systematic Trend | IBTK vs FFUT | |
| VanEck Commodity Strategy ETF | -0.29 | -0.12 | -0.11 | 57 | Commodities | IBTK vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.29 | -0.12 | -0.10 | 75 | Commodities | IBTK vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBTK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBTK and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.23, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.23 | -0.09 | -0.11 | 72 | Energy | |
| TotalEnergies SE | -0.06 | -0.02 | -0.05 | 79 | Energy | |
| The Williams Companies, Inc. | -0.03 | 0.04 | 0.02 | 75 | Energy | |
| Cisco Systems, Inc. | 0.01 | 0.01 | 0.03 | 93 | Technology | |
| Verizon Communications Inc. | 0.06 | 0.15 | 0.13 | 66 | Communication Services |
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