Looking to diversify beyond INDF? The ETFs below have historically moved differently from INDF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for INDF
2241 ETFs have low correlation with INDF (below 0.3), 1138 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Horizon Landmark ETF | -0.16 | — | — | 99 | Ultrashort Bond | INDF vs BENJ | |
| Twin Oak Short Horizon Absolute Return ETF | -0.16 | — | — | 62 | Multistrategy | INDF vs TOAK | |
| Janus Henderson AAA CLO ETF | -0.15 | 0.02 | 0.05 | 99 | CLO | INDF vs JAAA | |
| VanEck IG Floating Rate ETF | -0.14 | 0.05 | 0.13 | 99 | Corporate Bonds, Ultrashort Bond | INDF vs FLTR | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | -0.14 | 0.03 | — | 99 | Ultrashort Bond | INDF vs CSHI |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for INDF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Citigroup Inc. (C) (Financial Services) with a 1Y correlation of -0.05, down from 0.30 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Citigroup Inc. | -0.05 | 0.18 | 0.30 | 84 | Financial Services |
Build a portfolio that complements INDF
Add INDF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with INDF