Looking to diversify beyond INEQ? The ETFs below have the lowest correlation with INEQ — 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 INEQ.
Best Diversifiers for INEQ
305 ETFs have low correlation with INEQ (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, down from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.29 | -0.25 | 75 | Leveraged Currency | INEQ vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | -0.28 | -0.28 | 53 | Inverse Equities | INEQ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | -0.27 | -0.27 | 60 | Inverse Equities, Leveraged Equities | INEQ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 65 | Derivative Income | INEQ vs WNTR | |
| United States Gasoline Fund LP | -0.21 | 0.01 | 0.12 | 72 | Oil & Gas | INEQ vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from INEQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to INEQ and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.04, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.04 | 0.21 | 0.30 | 71 | Energy | |
| Walmart Inc. | 0.11 | 0.11 | 0.21 | 70 | Consumer Defensive | |
| The Coca-Cola Company | 0.12 | 0.15 | 0.27 | 82 | Consumer Defensive | |
| AbbVie Inc. | 0.17 | 0.19 | 0.22 | 77 | Healthcare | |
| Bancolombia S.A. | 0.42 | 0.43 | 0.44 | 93 | Financial Services |
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Build a portfolio that complements INEQ
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