Looking to diversify beyond ITDG? The ETFs below have the lowest correlation with ITDG — 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 ITDG.
Best Diversifiers for ITDG
324 ETFs have low correlation with ITDG (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.35, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.35 | -0.09 | -0.09 | 71 | Oil & Gas | ITDG vs DBE | |
| United States Oil Fund LP | -0.35 | -0.08 | -0.08 | 66 | Oil & Gas | ITDG vs USO | |
| United States Brent Oil Fund LP | -0.33 | -0.07 | -0.07 | 65 | Oil & Gas | ITDG vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.32 | — | — | 56 | Derivative Income | ITDG vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.30 | -0.04 | -0.04 | 56 | Oil & Gas | ITDG vs OILK |
See all 2186 diversifiers for ITDG
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