Looking to diversify beyond IBTQ? The ETFs below have the lowest correlation with IBTQ — 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 IBTQ.
Best Diversifiers for IBTQ
1441 ETFs have low correlation with IBTQ (below 0.3), 95 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 -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.40 | -0.40 | 72 | Leveraged Currency | IBTQ vs YCS | |
| United States Gasoline Fund LP | -0.43 | — | — | 82 | Oil & Gas | IBTQ vs UGA | |
| Invesco DB Energy Fund | -0.42 | -0.37 | -0.37 | 57 | Oil & Gas | IBTQ vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.38 | -0.34 | -0.34 | 52 | Commodities | IBTQ vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.33 | -0.33 | 56 | Commodities | IBTQ vs GSG |
See all 2057 diversifiers for IBTQ
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