Looking to diversify beyond IGF? The ETFs below have historically moved differently from IGF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IGF
496 ETFs have low correlation with IGF (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.34, down from -0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | -0.26 | -0.22 | 56 | Leveraged Currency | IGF vs YCS | |
| ProShares Short Bitcoin ETF | -0.23 | -0.24 | — | 61 | Cryptocurrency | IGF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.23 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | IGF vs SBIT | |
| Alpha Architect Tail Risk ETF | -0.19 | -0.04 | — | 56 | Options Trading | IGF vs CAOS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 61 | Inverse Equities, Leveraged Equities | IGF vs MSTZ |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IGF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Archer-Daniels-Midland Company (ADM) (Consumer Defensive) with a 1Y correlation of 0.12, down from 0.34 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Archer-Daniels-Midland Company | 0.12 | 0.26 | 0.34 | 90 | Consumer Defensive | |
| Cenovus Energy Inc. | 0.15 | 0.25 | 0.36 | 95 | Energy | |
| Broadcom Inc. | 0.15 | 0.16 | 0.29 | 67 | Technology | |
| Amazon.com, Inc | 0.16 | 0.17 | 0.31 | 60 | Consumer Cyclical | |
| The Coca-Cola Company | 0.16 | 0.30 | 0.41 | 90 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IGF
Add IGF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IGF