Looking to diversify beyond IBTO? The ETFs below have the lowest correlation with IBTO — 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 IBTO.
Best Diversifiers for IBTO
1666 ETFs have low correlation with IBTO (below 0.3), 111 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.51, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.51 | -0.48 | -0.48 | 61 | Leveraged Currency | IBTO vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.22 | -0.22 | 69 | Oil & Gas | IBTO vs UGA | |
| Invesco DB Energy Fund | -0.42 | -0.23 | -0.23 | 71 | Oil & Gas | IBTO vs DBE | |
| Invesco DB Oil Fund | -0.41 | -0.22 | -0.22 | 65 | Oil & Gas | IBTO vs DBO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.40 | -0.22 | -0.22 | 55 | Oil & Gas | IBTO vs OILK |
See all 2101 diversifiers for IBTO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IBTO
Add IBTO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IBTO