Overview Performance Metrics Financials Industry Splits Correlations

38 Stocks and 62 ETFs for diversifying Innovation Beverage Group (IBG)

The least correlated asset to Innovation Beverage Group (IBG) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with IBG

Symbol	Name	Market cap	Sector	Industry	Correlation
ACST	Acasti Pharma Inc - Class A	$53M	N/A	N/A	-1.00
AXNX	Axonics Inc	$3.63B	N/A	N/A	-0.99
IVCPU	AleAnna Inc - Units (1 Ord Share Class A & 1/2 War)	$308M	N/A	N/A	-0.94
LBPH	Longboard Pharmaceuticals Inc	$2.34B	N/A	N/A	-0.94
SU	Suncor Energy Inc	$72B	Energy	Oil & Gas Integrated	-0.74
WSR	Whitestone REIT	$976M	Real Estate	Reit - Retail	-0.72
CRT	Cross Timbers Royalty Trust	$56M	Energy	Oil & Gas E&p	-0.70
CNL	Collective Mining Ltd.	$1.14B	Basic Materials	Gold	-0.68
PBR-A	Petroleo Brasileiro S.A. Petrobras	$98B	Energy	Oil & Gas Integrated	-0.68
PBR	Petroleo Brasileiro S.A. Petrobras	$115B	Energy	Oil & Gas Integrated	-0.67
IMO	Imperial Oil Ltd	$58B	Energy	Oil & Gas Integrated	-0.67
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.65
GIW	GigInternational1 Inc	$138M	Financial Services	Shell Companies	-0.63
MGY	Magnolia Oil & Gas Corp - Class A	$4.90B	Energy	Oil & Gas E&p	-0.63
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	-0.63
EOG	EOG Resources Inc	$73B	Energy	Oil & Gas E&p	-0.63
APD	Air Products & Chemicals Inc	$65B	Basic Materials	Specialty Chemicals	-0.63
BHFAO	Brighthouse Financial Inc	$969M	Financial Services	Insurance - Life	-0.62
RAIN	Rain Enhancement Technologies Holdco, Inc. Class A Common Stock	$13M	Industrials	Pollution & Treatment Controls	-0.62
EGY	VAALCO Energy Inc	$553M	Energy	Oil & Gas E&p	-0.61
DSX	Diana Shipping Inc	$279M	Industrials	Marine Shipping	-0.61
CVX	Chevron Corp	$360B	Energy	Oil & Gas Integrated	-0.61
OBE	Obsidian Energy Ltd	$610M	Energy	Oil & Gas E&p	-0.61
OXY	Occidental Petroleum Corp	$53B	Energy	Oil & Gas E&p	-0.61
CTRA	Coterra Energy Inc.	$25B	Energy	Oil & Gas E&p	-0.61
DVN	Devon Energy Corp	$53B	Energy	Oil & Gas E&p	-0.60
BHFAP	Brighthouse Financial Inc	$2.77B	Financial Services	Insurance - Life	-0.60
PCLN	Priceline.com Inc	$906M	N/A	N/A	-0.60
XOM	Exxon Mobil Corp	$604B	Energy	Oil & Gas Integrated	-0.60
HLX	Helix Energy Solutions Group Inc	$1.39B	Energy	Oil & Gas Equipment & Services	-0.60
PR	Permian Resources Corp - Class A	$16B	Energy	Oil & Gas E&p	-0.60
DAC	Danaos Corporation	$2.36B	Industrials	Marine Shipping	-0.59
JBS	JBS N.V. - Class A	$13B	Consumer Defensive	Packaged Foods	-0.59
SLB	SLB	$71B	Energy	Oil & Gas Equipment & Services	-0.59
DOW	Dow Inc	$21B	Basic Materials	Chemicals	-0.58
AMJB	JPMorgan Chase & Company	$96B	N/A	N/A	-0.58
TTE	TotalEnergies SE	$174B	Energy	Oil & Gas Integrated	-0.58
GTY	Getty Realty Corp	$2.08B	Real Estate	Reit - Retail	-0.57

ETFs that lowly correlated with IBG

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	-1.00
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
TIPA	NORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF	$18M	0.10%	Aug 18, 2025	-0.74
GLDW	ROUNDHILL GOLD WEEKLYPAY ETF	$17M	N/A	Oct 29, 2025	-0.69
IXC	ISHARES GLOBAL ENERGY ETF	$2B	0.40%	Nov 12, 2001	-0.68
OILU	Bank of Montreal	$48M	N/A	Nov 8, 2021	-0.68
XLE	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF	$36B	0.08%	Dec 16, 1998	-0.67
DIG	PROSHARES ULTRA ENERGY	$64M	N/A	Jan 30, 2007	-0.66
ERX	DIREXION DAILY ENERGY BULL 2X SHARES	$211M	N/A	Nov 6, 2008	-0.66
BGR	Blackrock Energy & Resources Trust	$418M	N/A	N/A	-0.66
IYE	ISHARES U.S. ENERGY ETF	$1.50B	0.38%	Jun 12, 2000	-0.66
FENY	FIDELITY MSCI ENERGY INDEX ETF	$1.70B	0.08%	Oct 21, 2013	-0.66
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$181M	0.60%	Sep 20, 2016	-0.66
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$11B	0.09%	Sep 23, 2004	-0.66
TIPB	NORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF	$8M	0.10%	Aug 18, 2025	-0.65
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$533M	0.40%	Nov 1, 2006	-0.65
CMCI	VANECK CMCI COMMODITY STRATEGY ETF	$2.70M	0.67%	Aug 21, 2023	-0.65
DRLL	STRIVE U.S. ENERGY ETF	$261M	0.41%	Aug 8, 2022	-0.65
WEEI	Westwood Salient Enhanced Energy Income ETF	$82M	0.85%	Apr 30, 2024	-0.65
PDBC	INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF	$5.30B	0.59%	Nov 7, 2014	-0.64
EIPX	FT ENERGY INCOME PARTNERS STRATEGY ETF	$524M	0.95%	Nov 2, 2022	-0.64
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.64
EIPI	FT ENERGY INCOME PARTNERS ENHANCED INCOME ETF	$1B	1.11%	Sep 27, 2011	-0.64
PEO	Adams Natural Resources Fund Inc	$762M	N/A	N/A	-0.64
DBC	Invesco DB Commodity Index Tracking Fund	$1.60B	0.85%	Feb 3, 2006	-0.63
DCMT	DOUBLELINE COMMODITY STRATEGY ETF	$36M	0.66%	Jan 31, 2024	-0.63
USOY	DEFIANCE OIL ENHANCED OPTIONS INCOME ETF	$56M	1.12%	May 9, 2024	-0.63
UCIB	UBS AG London Branch	$21M	0.55%	Oct 9, 2015	-0.63
OILT	Texas Capital Texas Oil Index ETF	$12M	0.35%	Dec 20, 2023	-0.62
WTIU	Bank of Montreal	$19M	N/A	Feb 16, 2023	-0.62
CMDT	PIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND	$751M	0.65%	May 9, 2023	-0.61
SDCI	USCF SUMMERHAVEN DYNAMIC COMMODITY STRATEGY NO K-1 FUND	$526M	0.60%	May 3, 2018	-0.61
COMT	ISHARES GSCI COMMODITY DYNAMIC ROLL STRATEGY ETF	$1.10B	0.48%	Oct 15, 2014	-0.61
UGA	United States Gasoline Fund LP	$108M	1.08%	Feb 26, 2008	-0.61
XOMO	YIELDMAX(R) XOM OPTION INCOME STRATEGY ETF	$30M	1.17%	Aug 30, 2023	-0.61
CERY	STATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF	$979M	0.28%	Sep 4, 2024	-0.61
PIPE	Invesco SteelPath MLP & Energy Infrastructure ETF	$65M	0.75%	Feb 18, 2025	-0.61
USCI	United States Commodity Index Fund	$337M	1.05%	Aug 10, 2010	-0.60
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.60
GSG	iShares S&P GSCI Commodity-Indexed Trust	$839M	0.75%	Jul 10, 2006	-0.60
FTGC	FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND	$2.70B	0.98%	Oct 22, 2013	-0.60
NML	Neuberger Berman Energy Infrastructure and Income Fund Inc	$671M	N/A	N/A	-0.59
FCG	FIRST TRUST NATURAL GAS ETF	$590M	0.59%	May 8, 2007	-0.59
CMDY	ISHARES BLOOMBERG ROLL SELECT COMMODITY STRATEGY ETF	$523M	0.28%	Apr 3, 2018	-0.59
IEO	ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF	$516M	0.38%	May 1, 2006	-0.59
FXN	FIRST TRUST ENERGY ALPHADEX FUND	$413M	0.63%	May 8, 2007	-0.59
NBET	NEUBERGER BERMAN ENERGY TRANSITION & INFRASTRUCTURE ETF	$45M	0.65%	Apr 6, 2022	-0.59
USL	United States 12 Month Oil Fund LP	$41M	1.01%	Dec 6, 2007	-0.59
INFL	HORIZON KINETICS INFLATION BENEFICIARIES ETF	$1.50B	0.85%	Jan 11, 2021	-0.59
COMB	GRANITESHARES BLOOMBERG COMMODITY BROAD STRATEGY NO K-1 ETF	$122M	0.25%	May 19, 2017	-0.59
NDIV	Amplify Natural Resources Dividend Income ETF	$26M	0.59%	Aug 23, 2022	-0.59
BCI	ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF	$2.30B	0.26%	Mar 30, 2017	-0.59
DJP	iPath Bloomberg Commodity Index Total Return ETN	$850M	0.70%	Jun 6, 2006	-0.59
AMUB	UBS AG London Branch	$37M	0.80%	Oct 9, 2015	-0.58
OILK	PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF	$221M	0.69%	Sep 26, 2016	-0.58
POWR	ISHARES U.S. POWER INFRASTRUCTURE ETF	$420M	0.40%	Jan 31, 2012	-0.58
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$194M	N/A	May 28, 2015	-0.58
ATMP	iPath Select MLP ETN	$646M	0.95%	Mar 12, 2013	-0.57
MEME	ROUNDHILL MEME STOCK ETF	$24M	0.69%	Oct 7, 2025	-0.57
IGE	ISHARES NORTH AMERICAN NATURAL RESOURCES ETF	$708M	0.39%	Oct 22, 2001	-0.57
XOP	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$2.90B	0.35%	Jun 19, 2006	-0.57