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
987 ETFs have low correlation with ISTB (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.52, roughly unchanged from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.52 | -0.50 | -0.54 | 61 | Leveraged Currency | ISTB vs YCS | |
| Fidelity Managed Futures ETF | -0.36 | — | — | 64 | Systematic Trend | ISTB vs FFUT | |
| VanEck Commodity Strategy ETF | -0.27 | -0.10 | — | 55 | Commodities | ISTB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.10 | -0.07 | 70 | Commodities | ISTB vs FAAR | |
| Bastion Energy ETF | -0.24 | -0.24 | -0.24 | 75 | Energy Equities | ISTB vs BESF |
See all 2074 diversifiers for ISTB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ISTB
Add ISTB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ISTB