Looking to diversify beyond IDX? The ETFs below have the lowest correlation with IDX — 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 IDX.
Best Diversifiers for IDX
1711 ETFs have low correlation with IDX (below 0.3), 57 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.20, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.20 | -0.07 | 0.05 | 72 | Oil & Gas | IDX vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | IDX vs IBIC | |
| Defiance Daily Target 2X Short MSTR ETF | -0.14 | -0.17 | -0.17 | 53 | Inverse Equities | IDX vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.14 | — | — | 65 | Derivative Income | IDX vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.14 | -0.16 | -0.16 | 60 | Inverse Equities, Leveraged Equities | IDX vs MSTZ |
See all 2059 diversifiers for IDX
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