Looking to balance out your exposure to LINK? The ETFs below have the lowest correlation with LINK — they tend to move on their own, which can help reduce risk when LINK drops. The stock ideas table highlights individual companies that behave independently from LINK.
Best Diversifiers for LINK
5 ETFs have low correlation with LINK (below 0.3), 0 of which are negatively correlated. The least correlated is KraneShares Asia Pacific High Income Bond ETF (KHYB) (Emerging Markets Bonds) with a 1Y correlation of 0.16, up from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KraneShares Asia Pacific High Income Bond ETF | 0.16 | 0.06 | 0.01 | 80 | Emerging Markets Bonds | LINK vs KHYB | |
| Invesco QQQ ETF | 0.18 | 0.16 | 0.14 | 64 | Nasdaq-100 | LINK vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.20 | 0.15 | 0.13 | 63 | S&P 500 | LINK vs SPY | |
| Global X Copper Miners ETF | 0.20 | 0.13 | 0.12 | 61 | Copper | LINK vs COPX | |
| SPDR Portfolio MSCI Global Stock Market ETF | 0.23 | 0.16 | 0.14 | 71 | Global Equities | LINK vs SPGM |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LINK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LINK and solid risk/return profiles. The least correlated is Cisco Systems, Inc. (CSCO) (Technology) with a 1Y correlation of -0.01, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cisco Systems, Inc. | -0.01 | 0.03 | 0.05 | 93 | Technology | |
| JPMorgan Chase & Co. | 0.04 | 0.02 | 0.04 | 68 | Financial Services | |
| CrowdStrike Holdings, Inc. | 0.07 | 0.11 | 0.11 | 66 | Technology | |
| General Electric Company | 0.08 | 0.09 | 0.10 | 81 | Industrials | |
| Apple Inc | 0.09 | 0.08 | 0.08 | 83 | Technology |
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