Looking to balance out your exposure to ING? The ETFs below have the lowest correlation with ING — they tend to move on their own, which can help reduce risk when ING drops. The stock ideas table highlights individual companies that behave independently from ING.
Best Diversifiers for ING
0 ETFs have low correlation with ING (below 0.3), 0 of which are negatively correlated. The least correlated is Direxion Daily Semiconductor Bull 3X ETF (SOXL) (Leveraged Equities) with a 1Y correlation of 0.39, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily Semiconductor Bull 3X ETF | 0.39 | 0.35 | 0.42 | 97 | Leveraged Equities, Semiconductors | ING vs SOXL | |
| ProShares Ultra Semiconductors | 0.40 | 0.30 | 0.38 | 90 | Leveraged Equities, Semiconductors | ING vs USD | |
| iShares MSCI Global Select Metals & Mining Produce... | 0.53 | 0.52 | 0.54 | 84 | Materials | ING vs PICK | |
| Vanguard S&P 500 ETF | 0.57 | 0.45 | 0.52 | 70 | S&P 500 | ING vs VOO | |
| iShares International Select Dividend ETF | 0.71 | 0.69 | 0.70 | 83 | Global Equities, Dividend | ING vs IDV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ING, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ING and solid risk/return profiles. The least correlated is Diamondback Energy, Inc. (FANG) (Energy) with a 1Y correlation of -0.20, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Diamondback Energy, Inc. | -0.20 | 0.06 | 0.24 | 82 | Energy | |
| EOG Resources, Inc. | -0.19 | 0.08 | 0.24 | 69 | Energy | |
| Murphy USA Inc. | -0.09 | 0.02 | 0.14 | 62 | Consumer Cyclical | |
| BP p.l.c. | -0.09 | 0.18 | 0.34 | 87 | Energy | |
| Plains All American Pipeline, L.P. | -0.07 | 0.16 | 0.31 | 87 | Energy |
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