Looking to diversify beyond IGBH? The ETFs below have the lowest correlation with IGBH — 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 IGBH.
Best Diversifiers for IGBH
424 ETFs have low correlation with IGBH (below 0.3), 69 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.37, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | -0.34 | -0.34 | 60 | Inverse Equities, Leveraged Equities | IGBH vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | -0.34 | -0.34 | 53 | Inverse Equities | IGBH vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | -0.36 | -0.36 | 65 | Derivative Income | IGBH vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.18 | -0.14 | -0.14 | 51 | Multistrategy | IGBH vs RSBY | |
| Brookstone Ultra-Short Bond ETF | -0.16 | -0.04 | -0.04 | 99 | Ultrashort Bond | IGBH vs BAMU |
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