Looking to diversify beyond IDX? The ETFs below have historically moved differently from IDX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IDX
1863 ETFs have low correlation with IDX (below 0.3), 76 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.22, roughly unchanged from -0.19 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.22 | -0.19 | — | 51 | Cryptocurrency | IDX vs BITI | |
| Invesco DB Energy Fund | -0.18 | -0.06 | 0.06 | 66 | Oil & Gas | IDX vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | IDX vs IBIC | |
| United States Gasoline Fund, LP | -0.17 | -0.06 | 0.05 | 83 | Oil & Gas | IDX vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | — | — | 97 | Inflation-Protected Bonds | IDX vs RBIL |
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