Looking to diversify beyond IZRL? The ETFs below have the lowest correlation with IZRL — 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 IZRL.
Best Diversifiers for IZRL
417 ETFs have low correlation with IZRL (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.19 | -0.07 | -0.06 | 63 | Leveraged Currency | IZRL vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | IZRL vs RBIL | |
| United States Gasoline Fund LP | -0.16 | -0.00 | 0.09 | 55 | Oil & Gas | IZRL vs UGA | |
| Direxion Daily NFLX Bear 1X Shares | -0.14 | -0.26 | -0.26 | 55 | Inverse Equities | IZRL vs NFXS | |
| VanEck Energy Income ETF | -0.12 | 0.19 | 0.31 | 64 | Energy Equities | IZRL vs EINC |
See all 1948 diversifiers for IZRL
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