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
421 ETFs have low correlation with IMCV (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.30, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.30 | -0.30 | -0.33 | 53 | Cryptocurrency | IMCV vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | -0.30 | -0.30 | 65 | Inverse Equities, Leveraged Equities | IMCV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | -0.31 | -0.31 | 60 | Inverse Equities | IMCV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.26 | — | — | 70 | Derivative Income | IMCV vs WNTR | |
| ProShares UltraShort Yen | -0.21 | -0.10 | -0.06 | 72 | Leveraged Currency | IMCV vs YCS |
See all 2065 diversifiers for IMCV
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IMCV
Add IMCV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IMCV