Looking to balance out your exposure to LIN? The ETFs below have the lowest correlation with LIN — they tend to move on their own, which can help reduce risk when LIN drops. The stock ideas table highlights individual companies that behave independently from LIN.
Best Diversifiers for LIN
215 ETFs have low correlation with LIN (below 0.3), 5 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.11, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | LIN vs USFR | |
| ProShares Ultra Semiconductors | -0.07 | 0.13 | 0.32 | 84 | Leveraged Equities, Semiconductors | LIN vs USD | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.04 | -0.06 | -0.01 | 100 | Government Bonds, Ultrashort Bond | LIN vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.04 | -0.01 | 0.00 | 100 | Government Bonds, Ultrashort Bond | LIN vs SHV | |
| Roundhill Generative AI & Technology ETF | -0.01 | 0.18 | — | 92 | Technology Equities | LIN vs CHAT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LIN and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.14, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.14 | 0.10 | 0.26 | 71 | Technology | |
| MongoDB, Inc. | -0.12 | 0.08 | 0.22 | 64 | Technology | |
| AppLovin Corporation | -0.10 | 0.05 | 0.16 | 58 | Communication Services | |
| NVIDIA Corporation | -0.10 | 0.09 | 0.28 | 66 | Technology | |
| Celestica Inc. | -0.09 | 0.07 | 0.23 | 88 | Technology |
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Build a portfolio that complements LIN
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