Looking to balance out your exposure to LAC? The ETFs below have historically moved differently from LAC, 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 LAC
4 ETFs have low correlation with LAC (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.01 | — | — | 61 | Energy Equities | LAC vs XLE | |
| Schwab U.S. Dividend Equity ETF | 0.11 | — | — | 94 | Dividend | LAC vs SCHD | |
| iShares MSCI Brazil ETF | 0.28 | — | — | 51 | Latin America Equities | LAC vs EWZ | |
| Vanguard High Dividend Yield ETF | 0.29 | — | — | 90 | Dividend | LAC vs VYM | |
| iShares MSCI USA Quality Factor ETF | 0.32 | — | — | 73 | Quality Factor, Large Cap Blend Equities | LAC vs QUAL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LAC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Consolidated Edison, Inc. | -0.23 | — | — | 56 | Utilities | |
| The Coca-Cola Company | -0.18 | -0.07 | -0.07 | 86 | Consumer Defensive | |
| Altria Group, Inc. | -0.15 | -0.04 | -0.04 | 63 | Consumer Defensive | |
| Berkshire Hathaway Inc. | -0.13 | — | — | 66 | Financial Services | |
| Church & Dwight Co., Inc. | -0.12 | — | — | 62 | Consumer Defensive |
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