Looking to diversify beyond ISTB? The ETFs below have the lowest correlation with ISTB — 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 ISTB.
Best Diversifiers for ISTB
1049 ETFs have low correlation with ISTB (below 0.3), 74 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.50 | -0.54 | 75 | Leveraged Currency | ISTB vs YCS | |
| United States Gasoline Fund LP | -0.41 | -0.22 | -0.12 | 72 | Oil & Gas | ISTB vs UGA | |
| Fidelity Managed Futures ETF | -0.37 | — | — | 66 | Systematic Trend | ISTB vs FFUT | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.33 | -0.15 | -0.06 | 51 | Commodities | ISTB vs PDBC | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.28 | -0.11 | -0.03 | 65 | Commodities | ISTB vs SDCI |
See all 2056 diversifiers for ISTB
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