Looking to balance out your exposure to IMCC? The ETFs below have historically moved differently from IMCC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IMCC
1 ETFs have low correlation with IMCC (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Dividend Appreciation ETF (VIG) (Dividend) with a 1Y correlation of 0.17, roughly unchanged from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Dividend Appreciation ETF | 0.17 | 0.06 | 0.12 | 75 | Dividend | IMCC vs VIG |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IMCC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Cronos Group Inc. (CRON) (Healthcare) with a 1Y correlation of 0.16, roughly unchanged from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cronos Group Inc. | 0.16 | 0.17 | 0.23 | 73 | Healthcare |
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