Looking to diversify beyond ICF? The ETFs below have the lowest correlation with ICF — 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 ICF.
Best Diversifiers for ICF
1244 ETFs have low correlation with ICF (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.25 | -0.19 | 61 | Leveraged Currency | ICF vs YCS | |
| United States Brent Oil Fund LP | -0.15 | -0.08 | 0.00 | 65 | Oil & Gas | ICF vs BNO | |
| Invesco DB Energy Fund | -0.15 | -0.09 | 0.01 | 71 | Oil & Gas | ICF vs DBE | |
| United States Oil Fund LP | -0.14 | -0.08 | 0.01 | 66 | Oil & Gas | ICF vs USO | |
| Invesco DB Oil Fund | -0.14 | -0.07 | 0.01 | 65 | Oil & Gas | ICF vs DBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ICF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ICF and solid risk/return profiles. The least correlated is Bank of America Corporation (BAC) (Financial Services) with a 1Y correlation of 0.28, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bank of America Corporation | 0.28 | 0.40 | 0.40 | 64 | Financial Services | |
| National Retail Properties, Inc. | 0.66 | 0.73 | 0.75 | 62 | Real Estate | |
| Prologis, Inc. | 0.73 | 0.78 | 0.81 | 83 | Real Estate |
Build a portfolio that complements ICF
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