Looking to diversify beyond IBTP? The ETFs below have the lowest correlation with IBTP — 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 IBTP.
Best Diversifiers for IBTP
1648 ETFs have low correlation with IBTP (below 0.3), 113 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 -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.51 | -0.49 | -0.49 | 61 | Leveraged Currency | IBTP vs YCS | |
| Invesco DB Energy Fund | -0.42 | — | — | 71 | Oil & Gas | IBTP vs DBE | |
| United States Gasoline Fund LP | -0.42 | — | — | 69 | Oil & Gas | IBTP vs UGA | |
| Invesco DB Oil Fund | -0.41 | — | — | 65 | Oil & Gas | IBTP vs DBO | |
| United States Brent Oil Fund LP | -0.40 | — | — | 65 | Oil & Gas | IBTP vs BNO |
See all 2104 diversifiers for IBTP
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