Looking to diversify beyond IFRA? The ETFs below have the lowest correlation with IFRA — 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 IFRA.
Best Diversifiers for IFRA
364 ETFs have low correlation with IFRA (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.32, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.32 | -0.31 | -0.32 | 57 | Cryptocurrency | IFRA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | -0.34 | -0.34 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IFRA vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.28 | -0.25 | -0.31 | 51 | Currency | IFRA vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.28 | — | — | 53 | Inverse Equities | IFRA vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | — | — | 68 | Inverse Equities, Leveraged Equities | IFRA vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IFRA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IFRA and solid risk/return profiles. The least correlated is Nordic American Tankers Limited (NAT) (Industrials) with a 1Y correlation of 0.15, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nordic American Tankers Limited | 0.15 | 0.18 | 0.24 | 98 | Industrials | |
| Realty Income Corporation | 0.34 | 0.39 | 0.48 | 74 | Real Estate | |
| Fanuc Corporation | 0.35 | 0.36 | 0.40 | 82 | Industrials | |
| Wheaton Precious Metals Corp. | 0.39 | 0.34 | 0.35 | 58 | Basic Materials | |
| The Goldman Sachs Group, Inc. | 0.46 | 0.59 | 0.63 | 87 | Financial Services |
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Build a portfolio that complements IFRA
Add IFRA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IFRA