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
540 ETFs have low correlation with INDE (below 0.3), 59 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.30 | -0.10 | -0.10 | 55 | Oil & Gas | INDE vs UGA | |
| VanEck Commodity Strategy ETF | -0.27 | -0.04 | -0.04 | 57 | Commodities | INDE vs PIT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | -0.25 | -0.25 | 97 | Inflation-Protected Bonds | INDE vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | -0.03 | -0.03 | 98 | Inflation-Protected Bonds | INDE vs IBIC | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.22 | -0.01 | -0.01 | 50 | Commodities | INDE vs CMDT |
See all 1938 diversifiers for INDE
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