Looking to diversify beyond IMTB? The ETFs below have the lowest correlation with IMTB — 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 IMTB.
Best Diversifiers for IMTB
726 ETFs have low correlation with IMTB (below 0.3), 91 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.45 | -0.50 | 73 | Leveraged Currency | IMTB vs YCS | |
| Invesco DB Energy Fund | -0.39 | -0.22 | -0.13 | 57 | Oil & Gas | IMTB vs DBE | |
| United States Gasoline Fund LP | -0.36 | -0.21 | -0.11 | 84 | Oil & Gas | IMTB vs UGA | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.33 | -0.18 | -0.09 | 52 | Commodities | IMTB vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.33 | -0.16 | -0.08 | 54 | Commodities | IMTB vs GSG |
See all 2068 diversifiers for IMTB
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