Looking to balance out your exposure to LINC? The ETFs below have historically moved differently from LINC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LINC
25 ETFs have low correlation with LINC (below 0.3), 4 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.04 | -0.01 | 100 | Government Bonds, Ultrashort Bond | LINC vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.06 | -0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | LINC vs SHV | |
| iShares Treasury Floating Rate Bond ETF | -0.04 | -0.07 | -0.07 | 100 | Government Bonds, Ultrashort Bond | LINC vs TFLO | |
| iShares Ultra Short Duration Bond Active ETF | -0.01 | 0.00 | 0.00 | 99 | Ultrashort Bond | LINC vs ICSH | |
| Direxion Daily MU Bull 2X Shares | 0.01 | — | — | 98 | Leveraged Equities, Semiconductors | LINC vs MUU |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LINC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.05, roughly unchanged from 0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.05 | -0.05 | 0.00 | 66 | Communication Services | |
| China Shenhua Energy Co Ltd | -0.05 | 0.01 | 0.05 | 74 | Energy | |
| Altria Group, Inc. | -0.01 | 0.04 | 0.07 | 66 | Consumer Defensive | |
| Fabrinet | -0.01 | 0.15 | 0.19 | 66 | Technology | |
| Applied Digital Corporation | -0.00 | 0.13 | 0.13 | 82 | Technology |
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