Looking to diversify beyond IGF? The ETFs below have the lowest correlation with IGF — 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 IGF.
Best Diversifiers for IGF
498 ETFs have low correlation with IGF (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.26 | -0.22 | 75 | Leveraged Currency | IGF vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.18 | — | — | 60 | Inverse Equities, Leveraged Equities | IGF vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.18 | — | — | 53 | Inverse Equities | IGF vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.16 | — | — | 65 | Derivative Income | IGF vs WNTR | |
| United States Gasoline Fund LP | -0.12 | 0.01 | 0.16 | 72 | Oil & Gas | IGF vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IGF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IGF and solid risk/return profiles. The least correlated is Archer-Daniels-Midland Company (ADM) (Consumer Defensive) with a 1Y correlation of 0.10, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Archer-Daniels-Midland Company | 0.10 | 0.24 | 0.34 | 89 | Consumer Defensive | |
| NVIDIA Corporation | 0.12 | 0.15 | 0.29 | 69 | Technology | |
| Amazon.com, Inc | 0.14 | 0.18 | 0.31 | 55 | Consumer Cyclical | |
| Cenovus Energy Inc. | 0.14 | 0.25 | 0.36 | 92 | Energy | |
| Broadcom Inc. | 0.15 | 0.15 | 0.29 | 73 | Technology |
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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