Looking to diversify beyond IIGD? The ETFs below have the lowest correlation with IIGD — 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 IIGD.
Best Diversifiers for IIGD
754 ETFs have low correlation with IIGD (below 0.3), 52 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 -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.47 | -0.51 | 63 | Leveraged Currency | IIGD vs YCS | |
| United States Gasoline Fund LP | -0.38 | -0.20 | -0.12 | 55 | Oil & Gas | IIGD vs UGA | |
| Fidelity Managed Futures ETF | -0.30 | — | — | 64 | Systematic Trend | IIGD vs FFUT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.25 | -0.09 | — | 50 | Commodities | IIGD vs CMDT | |
| VanEck Commodity Strategy ETF | -0.24 | -0.09 | — | 57 | Commodities | IIGD vs PIT |
See all 1939 diversifiers for IIGD
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