Looking to diversify beyond LACG? The ETFs below have the lowest correlation with LACG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LACG.
Best Diversifiers for LACG
0 ETFs have low correlation with LACG (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 2X Long AMD Daily ETF (AMDG) (Leveraged Equities) with a 1Y correlation of 0.46, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long AMD Daily ETF | 0.46 | 0.46 | 0.46 | 96 | Leveraged Equities | LACG vs AMDG | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.50 | 0.50 | 0.50 | 63 | Leveraged Equities, S&P 500 | LACG vs SPUU |
Diversification Analysis
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