Looking to diversify beyond INCM? The ETFs below have the lowest correlation with INCM — 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 INCM.
Best Diversifiers for INCM
305 ETFs have low correlation with INCM (below 0.3), 37 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | — | — | 63 | Leveraged Currency | INCM vs YCS | |
| Invesco DB Energy Fund | -0.17 | — | — | 71 | Oil & Gas | INCM vs DBE | |
| United States Brent Oil Fund LP | -0.15 | -0.02 | -0.02 | 65 | Oil & Gas | INCM vs BNO | |
| United States Oil Fund LP | -0.15 | — | — | 66 | Oil & Gas | INCM vs USO | |
| Invesco DB Oil Fund | -0.15 | -0.01 | -0.01 | 65 | Oil & Gas | INCM vs DBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from INCM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to INCM and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Warner Bros. Discovery, Inc. | 0.18 | — | — | 97 | Communication Services |
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