Looking to diversify beyond INCE? The ETFs below have the lowest correlation with INCE — 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 INCE.
Best Diversifiers for INCE
457 ETFs have low correlation with INCE (below 0.3), 26 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.56, roughly unchanged from -0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.56 | -0.56 | -0.56 | 99 | Leveraged Equities, Semiconductors | INCE vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 60 | Inverse Equities, Leveraged Equities | INCE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 53 | Inverse Equities | INCE vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 65 | Derivative Income | INCE vs WNTR | |
| ProShares UltraShort Yen | -0.21 | -0.10 | -0.07 | 75 | Leveraged Currency | INCE vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from INCE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to INCE and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.03, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.03 | 0.22 | 0.41 | 69 | Technology | |
| Micron Technology, Inc. | 0.12 | 0.28 | 0.38 | 99 | Technology | |
| Walmart Inc. | 0.16 | 0.24 | 0.36 | 70 | Consumer Defensive | |
| Solaris Energy Infrastructure, Inc | 0.17 | 0.26 | 0.28 | 89 | Energy | |
| Waste Management, Inc. | 0.20 | 0.33 | 0.45 | 51 | Industrials |
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