Looking to balance out your exposure to LAC? The ETFs below have the lowest correlation with LAC — they tend to move on their own, which can help reduce risk when LAC drops. The stock ideas table highlights individual companies that behave independently from LAC.
Best Diversifiers for LAC
2 ETFs have low correlation with LAC (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Emerging Markets Sovereign Debt ETF | 0.20 | — | — | 60 | Emerging Markets Bonds | LAC vs PCY | |
| Schwab U.S. Dividend Equity ETF | 0.22 | — | — | 77 | Dividend | LAC vs SCHD | |
| iShares MSCI USA Quality Factor ETF | 0.32 | — | — | 54 | Large Cap Blend Equities | LAC vs QUAL | |
| Vanguard High Dividend Yield ETF | 0.33 | — | — | 77 | Dividend | LAC vs VYM | |
| Invesco QQQ ETF | 0.34 | — | — | 59 | Nasdaq-100 | LAC vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LAC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LAC and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Consolidated Edison, Inc. | -0.16 | — | — | 66 | Utilities | |
| The Coca-Cola Company | -0.12 | -0.05 | -0.05 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.10 | -0.07 | -0.07 | 64 | Utilities | |
| Altria Group, Inc. | -0.09 | — | — | 74 | Consumer Defensive | |
| Walmart Inc. | -0.08 | -0.02 | -0.02 | 70 | Consumer Defensive |
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Build a portfolio that complements LAC
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