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
375 ETFs have low correlation with IGEB (below 0.3), 76 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.45 | -0.47 | 61 | Leveraged Currency | IGEB vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.19 | -0.12 | 71 | Oil & Gas | IGEB vs DBE | |
| United States Brent Oil Fund LP | -0.41 | -0.19 | -0.12 | 65 | Oil & Gas | IGEB vs BNO | |
| United States Oil Fund LP | -0.40 | -0.19 | -0.12 | 66 | Oil & Gas | IGEB vs USO | |
| Invesco DB Oil Fund | -0.40 | -0.18 | -0.12 | 65 | Oil & Gas | IGEB vs DBO |
See all 1598 diversifiers for IGEB
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