Looking to diversify beyond INVG? The ETFs below have the lowest correlation with INVG — 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 INVG.
Best Diversifiers for INVG
475 ETFs have low correlation with INVG (below 0.3), 69 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.28, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.28 | -0.28 | 90 | Commodities | INVG vs FAAR | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.27 | -0.27 | -0.27 | 74 | Commodities | INVG vs SDCI | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.26 | -0.26 | -0.26 | 88 | Commodities | INVG vs CMDT | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.26 | -0.26 | -0.26 | 72 | Commodities | INVG vs CMDY | |
| Texas Capital Texas Oil Index ETF | -0.25 | -0.25 | -0.25 | 51 | Energy Equities | INVG vs OILT |
See all 2069 diversifiers for INVG
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Diversification Analysis
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