Looking to diversify beyond ITDF? The ETFs below have the lowest correlation with ITDF — 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 ITDF.
Best Diversifiers for ITDF
266 ETFs have low correlation with ITDF (below 0.3), 69 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.39 | -0.39 | 57 | Cryptocurrency | ITDF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ITDF vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.46 | — | — | 51 | Currency | ITDF vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 60 | Inverse Equities | ITDF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | ITDF vs MSTZ |
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