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Looking to diversify beyond INCO? The ETFs below have the lowest correlation with INCO — 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 INCO.

Best Diversifiers for INCO

945 ETFs have low correlation with INCO (below 0.3), 57 of which are negatively correlated. The least correlated is VanEck Commodity Strategy ETF (PIT) (Commodities) with a 1Y correlation of -0.29, down from 0.00 over 5 years.


See all 2074 diversifiers for INCO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from INCO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to INCO and solid risk/return profiles. The least correlated is Ecopetrol S.A. (EC) (Energy) with a 1Y correlation of -0.10, down from 0.13 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Ecopetrol S.A.-0.100.070.13
90
Energy
UnitedHealth Group Incorporated-0.05-0.020.11
68
Healthcare
The Coca-Cola Company-0.040.050.15
74
Consumer Defensive
WEC Energy Group, Inc.0.020.090.12
63
Utilities
AbbVie Inc.0.030.120.12
71
Healthcare
See all 20 low-correlation stocks for INCO

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Diversification Analysis

Build a portfolio that complements INCO

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

Analyze a portfolio with INCO