Looking to balance out your exposure to LINC? The ETFs below have the lowest correlation with LINC — they tend to move on their own, which can help reduce risk when LINC drops. The stock ideas table highlights individual companies that behave independently from LINC.
Best Diversifiers for LINC
23 ETFs have low correlation with LINC (below 0.3), 6 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 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.05 | 0.00 | 100 | Government Bonds, Ultrashort Bond | LINC vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.06 | -0.02 | -0.01 | 100 | Government Bonds, Ultrashort Bond | LINC vs SHV | |
| iShares Treasury Floating Rate Bond ETF | -0.03 | -0.07 | -0.07 | 100 | Government Bonds, Ultrashort Bond | LINC vs TFLO | |
| iShares Ultra Short Duration Bond Active ETF | -0.01 | 0.01 | 0.01 | 99 | Ultrashort Bond | LINC vs ICSH | |
| Direxion Daily MU Bull 2X Shares | -0.01 | — | — | 99 | Leveraged Equities, Semiconductors | LINC vs MUU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LINC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LINC and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.04, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.04 | -0.04 | 0.01 | 57 | Communication Services | |
| Altria Group, Inc. | -0.03 | 0.04 | 0.07 | 81 | Consumer Defensive | |
| China Shenhua Energy Co Ltd | -0.03 | 0.02 | 0.05 | 78 | Energy | |
| TotalEnergies SE | -0.02 | 0.01 | 0.04 | 81 | Energy | |
| McKesson Corporation | -0.00 | 0.03 | 0.05 | 60 | Healthcare |
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