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
259 ETFs have low correlation with IGEB (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.44 | -0.47 | 73 | Leveraged Currency | IGEB vs YCS | |
| United States Gasoline Fund LP | -0.39 | -0.17 | -0.11 | 60 | Oil & Gas | IGEB vs UGA | |
| Fidelity Managed Futures ETF | -0.26 | -0.27 | -0.27 | 60 | Systematic Trend | IGEB vs FFUT | |
| VanEck Commodity Strategy ETF | -0.26 | -0.08 | -0.07 | 59 | Commodities | IGEB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | -0.09 | -0.09 | 77 | Commodities | IGEB vs FAAR |
See all 1451 diversifiers for IGEB
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