Looking to diversify beyond INOV? The ETFs below have the lowest correlation with INOV — 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 INOV.
Best Diversifiers for INOV
308 ETFs have low correlation with INOV (below 0.3), 71 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | — | — | 61 | Leveraged Currency | INOV vs YCS | |
| Invesco DB Energy Fund | -0.38 | -0.10 | -0.10 | 71 | Oil & Gas | INOV vs DBE | |
| United States Oil Fund LP | -0.36 | — | — | 66 | Oil & Gas | INOV vs USO | |
| United States Brent Oil Fund LP | -0.36 | — | — | 65 | Oil & Gas | INOV vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.33 | — | — | 56 | Derivative Income | INOV vs USOY |
See all 2100 diversifiers for INOV
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Diversification Analysis
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