Looking to diversify beyond LIBD? The ETFs below have the lowest correlation with LIBD — 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 LIBD.
Best Diversifiers for LIBD
1450 ETFs have low correlation with LIBD (below 0.3), 69 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | — | — | 80 | Leveraged Currency | LIBD vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.35 | — | — | 50 | Currency | LIBD vs UUP | |
| United States Gasoline Fund LP | -0.34 | — | — | 75 | Oil & Gas | LIBD vs UGA | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | — | — | 75 | Commodities | LIBD vs FAAR | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.25 | — | — | 61 | Commodities | LIBD vs SDCI |
See all 1992 diversifiers for LIBD
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Diversification Analysis
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