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
1744 ETFs have low correlation with LIBD (below 0.3), 118 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | — | — | 67 | Leveraged Currency | LIBD vs YCS | |
| Invesco DB Energy Fund | -0.34 | — | — | 71 | Oil & Gas | LIBD vs DBE | |
| United States Gasoline Fund LP | -0.33 | — | — | 70 | Oil & Gas | LIBD vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.32 | -0.26 | -0.26 | 55 | Oil & Gas | LIBD vs OILK | |
| United States Oil Fund LP | -0.31 | — | — | 66 | Oil & Gas | LIBD vs USO |
See all 2164 diversifiers for LIBD
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Diversification Analysis
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