Looking to diversify beyond INMU? The ETFs below have the lowest correlation with INMU — 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 INMU.
Best Diversifiers for INMU
1845 ETFs have low correlation with INMU (below 0.3), 102 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.28 | -0.07 | -0.04 | 69 | Oil & Gas | INMU vs UGA | |
| Invesco DB Energy Fund | -0.26 | -0.09 | -0.06 | 71 | Oil & Gas | INMU vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.26 | -0.06 | -0.04 | 71 | Commodities | INMU vs GSG | |
| iShares Commodities Select Strategy ETF | -0.26 | -0.07 | -0.04 | 71 | Commodities | INMU vs COMT | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.25 | -0.06 | -0.03 | 74 | Commodities | INMU vs PDBC |
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