Looking to diversify beyond IVAL? The ETFs below have the lowest correlation with IVAL — 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 IVAL.
Best Diversifiers for IVAL
323 ETFs have low correlation with IVAL (below 0.3), 31 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.58, roughly unchanged from -0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.58 | -0.49 | -0.52 | 51 | Currency | IVAL vs UUP | |
| ProShares UltraShort Yen | -0.43 | -0.28 | -0.23 | 72 | Leveraged Currency | IVAL vs YCS | |
| ProShares Short Bitcoin ETF | -0.33 | -0.22 | — | 57 | Cryptocurrency | IVAL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | -0.27 | -0.27 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IVAL vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 68 | Inverse Equities, Leveraged Equities | IVAL vs MSTZ |
See all 2044 diversifiers for IVAL
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