Looking to diversify beyond INRO? The ETFs below have the lowest correlation with INRO — 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 INRO.
Best Diversifiers for INRO
373 ETFs have low correlation with INRO (below 0.3), 81 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | — | — | 71 | Oil & Gas | INRO vs DBE | |
| United States Oil Fund LP | -0.31 | — | — | 66 | Oil & Gas | INRO vs USO | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | INRO vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | -0.07 | -0.07 | 56 | Derivative Income | INRO vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | — | — | 55 | Oil & Gas | INRO vs OILK |
See all 2103 diversifiers for INRO
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Diversification Analysis
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