Looking to diversify beyond IGEB? The ETFs below have the lowest correlation with IGEB — 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 IGEB.
Best Diversifiers for IGEB
324 ETFs have low correlation with IGEB (below 0.3), 74 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.44 | -0.47 | 72 | Leveraged Currency | IGEB vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.21 | -0.12 | 57 | Oil & Gas | IGEB vs DBE | |
| United States Gasoline Fund LP | -0.39 | -0.19 | -0.11 | 82 | Oil & Gas | IGEB vs UGA | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.36 | -0.15 | -0.09 | 52 | Commodities | IGEB vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.14 | -0.07 | 56 | Commodities | IGEB vs GSG |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IGEB
Add IGEB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IGEB