Looking to balance out your exposure to INR? The ETFs below have the lowest correlation with INR — they tend to move on their own, which can help reduce risk when INR drops. The stock ideas table highlights individual companies that behave independently from INR.
Best Diversifiers for INR
2 ETFs have low correlation with INR (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Kensho Clean Power ETF | -0.04 | — | — | 84 | Alternative Energy Equities | INR vs CNRG | |
| VanEck Natural Resources ETF | 0.23 | — | — | 89 | Energy Equities | INR vs HAP |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from INR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to INR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nokia Corporation | -0.03 | — | — | 96 | Technology | |
| Kiniksa Pharmaceuticals, Ltd. | 0.00 | — | — | 83 | Healthcare | |
| Imax Corp | 0.03 | 0.08 | 0.08 | 71 | Communication Services | |
| Southwest Gas Holdings, Inc. | 0.05 | — | — | 73 | Utilities | |
| Warrior Met Coal, Inc. | 0.08 | — | — | 90 | Basic Materials |
See all 8 low-correlation stocks for INR
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements INR
Add INR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with INR