Looking to diversify beyond IONL? The ETFs below have the lowest correlation with IONL — 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 IONL.
Best Diversifiers for IONL
771 ETFs have low correlation with IONL (below 0.3), 48 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.13 | — | — | 99 | Commodities | IONL vs BWET | |
| Roundhill Weekly T-Bill ETF | -0.09 | — | — | 99 | Ultrashort Bond | IONL vs WEEK | |
| Brookstone Ultra-Short Bond ETF | -0.09 | -0.01 | -0.01 | 98 | Ultrashort Bond | IONL vs BAMU | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.07 | — | — | 98 | Inflation-Protected Bonds | IONL vs IBIC | |
| United States Oil Fund LP | -0.07 | -0.01 | -0.01 | 66 | Oil & Gas | IONL vs USO |
See all 1638 diversifiers for IONL
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