Looking to diversify beyond IG? The ETFs below have the lowest correlation with IG — 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 IG.
Best Diversifiers for IG
257 ETFs have low correlation with IG (below 0.3), 96 of which are negatively correlated. The least correlated is iShares S&P GSCI Commodity-Indexed Trust (GSG) (Commodities) with a 1Y correlation of -0.56, roughly unchanged from -0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | -0.56 | -0.56 | -0.56 | 54 | Commodities | IG vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.55 | -0.55 | -0.55 | 52 | Commodities | IG vs DCMT | |
| ProShares Ultra Oil & Gas | -0.50 | -0.50 | -0.50 | 53 | Leveraged Equities | IG vs DIG | |
| Vanguard Energy ETF | -0.50 | -0.50 | -0.50 | 60 | Energy Equities | IG vs VDE | |
| Direxion Daily Energy Bull 2X Shares | -0.50 | -0.50 | -0.50 | 54 | Leveraged Equities | IG vs ERX |
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