Looking to diversify beyond INDE? The ETFs below have the lowest correlation with INDE — 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 INDE.
Best Diversifiers for INDE
764 ETFs have low correlation with INDE (below 0.3), 97 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.32 | — | — | 66 | Oil & Gas | INDE vs USO | |
| Invesco DB Energy Fund | -0.31 | — | — | 71 | Oil & Gas | INDE vs DBE | |
| United States Brent Oil Fund LP | -0.31 | — | — | 65 | Oil & Gas | INDE vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.31 | — | — | 56 | Derivative Income | INDE vs USOY | |
| iShares Commodities Select Strategy ETF | -0.29 | — | — | 72 | Commodities | INDE vs COMT |
See all 2180 diversifiers for INDE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements INDE
Add INDE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with INDE