Looking to diversify beyond ITM? The ETFs below have the lowest correlation with ITM — 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 ITM.
Best Diversifiers for ITM
1312 ETFs have low correlation with ITM (below 0.3), 72 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.37 | -0.38 | 75 | Leveraged Currency | ITM vs YCS | |
| United States Gasoline Fund LP | -0.27 | -0.12 | -0.06 | 72 | Oil & Gas | ITM vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.25 | -0.11 | -0.04 | 51 | Commodities | ITM vs PDBC | |
| Bastion Energy ETF | -0.23 | — | — | 86 | Energy Equities | ITM vs BESF | |
| Fidelity Managed Futures ETF | -0.23 | — | — | 66 | Systematic Trend | ITM vs FFUT |
See all 2048 diversifiers for ITM
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Diversification Analysis
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