Looking to diversify beyond INMU? The ETFs below have historically moved differently from INMU, 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 INMU
1858 ETFs have low correlation with INMU (below 0.3), 106 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.12 | -0.07 | 66 | Oil & Gas | INMU vs DBE | |
| United States Gasoline Fund, LP | -0.32 | -0.10 | -0.04 | 83 | Oil & Gas | INMU vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.31 | -0.10 | -0.05 | 61 | Commodities | INMU vs GSG | |
| Invesco DB Oil Fund | -0.31 | -0.10 | -0.06 | 51 | Oil & Gas | INMU vs DBO | |
| Invesco DB Commodity Index Tracking Fund | -0.30 | -0.09 | -0.03 | 68 | Commodities | INMU vs DBC |
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