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
431 ETFs have low correlation with IGCB (below 0.3), 46 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged 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 |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.33 | -0.33 | 63 | Leveraged Currency | IGCB vs YCS | |
| United States Gasoline Fund LP | -0.39 | -0.30 | -0.30 | 55 | Oil & Gas | IGCB vs UGA | |
| Fidelity Managed Futures ETF | -0.26 | -0.26 | -0.26 | 64 | Systematic Trend | IGCB vs FFUT | |
| VanEck Commodity Strategy ETF | -0.25 | -0.22 | -0.22 | 57 | Commodities | IGCB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | -0.17 | -0.17 | 75 | Commodities | IGCB vs FAAR |
See all 1939 diversifiers for IGCB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IGCB
Add IGCB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IGCB