Looking to balance out your exposure to INDV? The ETFs below have the lowest correlation with INDV — they tend to move on their own, which can help reduce risk when INDV drops. The stock ideas table highlights individual companies that behave independently from INDV.
No Diversifiers Found for INDV
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from INDV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to INDV and solid risk/return profiles. The least correlated is Vista Oil & Gas, S.A.B. de C.V. (VIST) (Energy) with a 1Y correlation of -0.12, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | -0.12 | 0.02 | 0.01 | 68 | Energy | |
| Planet Labs PBC | 0.01 | 0.21 | 0.16 | 99 | Industrials | |
| Lumentum Holdings Inc. | 0.02 | 0.15 | 0.12 | 99 | Technology | |
| Advanced Micro Devices, Inc. | 0.04 | 0.14 | 0.09 | 98 | Technology | |
| Amprius Technologies Inc. | 0.04 | 0.10 | 0.09 | 97 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements INDV
Add INDV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with INDV