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Looking to balance out your exposure to IIIN? The ETFs below have the lowest correlation with IIIN — they tend to move on their own, which can help reduce risk when IIIN drops. The stock ideas table highlights individual companies that behave independently from IIIN.

Best Diversifiers for IIIN

0 ETFs have low correlation with IIIN (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.32, roughly unchanged from 0.37 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Invesco QQQ ETF0.320.320.37
74
Nasdaq-100IIIN vs QQQ
Vanguard S&P 500 ETF0.410.440.48
74
S&P 500IIIN vs VOO
State Street SPDR S&P 500 ETF0.410.440.48
74
S&P 500IIIN vs SPY

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from IIIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IIIN and solid risk/return profiles. The least correlated is Proto Labs, Inc. (PRLB) (Industrials) with a 1Y correlation of 0.48, roughly unchanged from 0.43 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Proto Labs, Inc.0.480.510.43
91
Industrials

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Diversification Analysis

Build a portfolio that complements IIIN

Add IIIN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with IIIN