Looking to diversify beyond IMFL? The ETFs below have the lowest correlation with IMFL — 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 IMFL.
Best Diversifiers for IMFL
169 ETFs have low correlation with IMFL (below 0.3), 34 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.50 | -0.49 | -0.55 | 51 | Currency | IMFL vs UUP | |
| ProShares Short Bitcoin ETF | -0.38 | -0.27 | -0.30 | 57 | Cryptocurrency | IMFL vs BITI | |
| ProShares UltraShort Yen | -0.35 | -0.29 | -0.25 | 72 | Leveraged Currency | IMFL vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 70 | Derivative Income | IMFL vs WNTR | |
| Invesco DB Energy Fund | -0.27 | -0.09 | 0.08 | 53 | Oil & Gas | IMFL vs DBE |
See all 1153 diversifiers for IMFL
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