Looking to diversify beyond IMCV? The ETFs below have the lowest correlation with IMCV — 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 IMCV.
Best Diversifiers for IMCV
418 ETFs have low correlation with IMCV (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.16, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.16 | -0.09 | -0.05 | 61 | Leveraged Currency | IMCV vs YCS | |
| Invesco DB Energy Fund | -0.16 | 0.03 | 0.19 | 71 | Oil & Gas | IMCV vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | — | — | 98 | Inflation-Protected Bonds | IMCV vs RBIL | |
| United States Oil Fund LP | -0.15 | 0.04 | 0.18 | 66 | Oil & Gas | IMCV vs USO | |
| United States 12 Month Oil Fund LP | -0.14 | 0.06 | 0.20 | 56 | Oil & Gas | IMCV vs USL |
See all 2113 diversifiers for IMCV
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