Looking to diversify beyond ISDB? The ETFs below have the lowest correlation with ISDB — 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 ISDB.
Best Diversifiers for ISDB
642 ETFs have low correlation with ISDB (below 0.3), 87 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.41 | -0.43 | 63 | Leveraged Currency | ISDB vs YCS | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.36 | -0.17 | -0.16 | 56 | Oil & Gas | ISDB vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.35 | -0.17 | -0.16 | 56 | Leveraged Commodities | ISDB vs UCO | |
| Invesco DB Oil Fund | -0.35 | -0.17 | -0.16 | 65 | Oil & Gas | ISDB vs DBO | |
| Invesco DB Energy Fund | -0.35 | -0.17 | -0.16 | 71 | Oil & Gas | ISDB vs DBE |
See all 2181 diversifiers for ISDB
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