Looking to diversify beyond IGCB? The ETFs below have the lowest correlation with IGCB — 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 IGCB.
Best Diversifiers for IGCB
507 ETFs have low correlation with IGCB (below 0.3), 81 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.45, down from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.45 | -0.33 | -0.33 | 51 | Currency | IGCB vs UUP | |
| ProShares UltraShort Yen | -0.42 | — | — | 72 | Leveraged Currency | IGCB vs YCS | |
| Invesco DB Energy Fund | -0.39 | — | — | 53 | Oil & Gas | IGCB vs DBE | |
| United States Gasoline Fund LP | -0.37 | — | — | 78 | Oil & Gas | IGCB vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | — | — | 51 | Commodities | IGCB vs GSG |
See all 2036 diversifiers for IGCB
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