Looking to diversify beyond IGLB? The ETFs below have the lowest correlation with IGLB — 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 IGLB.
Best Diversifiers for IGLB
409 ETFs have low correlation with IGLB (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.41 | -0.42 | 61 | Leveraged Currency | IGLB vs YCS | |
| VanEck Commodity Strategy ETF | -0.26 | -0.08 | — | 55 | Commodities | IGLB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.10 | -0.11 | 70 | Commodities | IGLB vs FAAR | |
| Fidelity Managed Futures ETF | -0.25 | — | — | 64 | Systematic Trend | IGLB vs FFUT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.23 | -0.17 | -0.17 | 99 | Ultrashort Bond | IGLB vs CSHP |
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