Looking to diversify beyond IMCV? The ETFs below have historically moved differently from IMCV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IMCV
472 ETFs have low correlation with IMCV (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.28, roughly unchanged from -0.29 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.28 | -0.29 | — | 51 | Cryptocurrency | IMCV vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.25 | — | — | 69 | Derivative Income | IMCV vs WNTR | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.23 | -0.14 | -0.05 | 51 | Nontraditional Bonds | IMCV vs RISR | |
| Invesco DB Energy Fund | -0.21 | -0.03 | 0.16 | 66 | Oil & Gas | IMCV vs DBE | |
| ProShares UltraShort Yen | -0.18 | -0.11 | -0.06 | 59 | Leveraged Currency | IMCV vs YCS |
To view more results, upgrade your current subscription plan.
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