Looking to balance out your exposure to LADR? The ETFs below have the lowest correlation with LADR — they tend to move on their own, which can help reduce risk when LADR drops. The stock ideas table highlights individual companies that behave independently from LADR.
Best Diversifiers for LADR
1 ETFs have low correlation with LADR (below 0.3), 0 of which are negatively correlated. The least correlated is BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) (Government Bonds) with a 1Y correlation of 0.06, roughly unchanged from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.06 | 0.09 | — | 100 | Government Bonds, Ultrashort Bond | LADR vs XHLF |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LADR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LADR and solid risk/return profiles. The least correlated is Cboe Global Markets, Inc. (CBOE) (Financial Services) with a 1Y correlation of -0.00, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.00 | -0.03 | 0.14 | 68 | Financial Services | |
| Eaton Corporation plc | 0.19 | 0.29 | 0.38 | 67 | Industrials | |
| Iron Mountain Incorporated | 0.21 | 0.34 | 0.42 | 67 | Real Estate | |
| Apple Inc | 0.30 | 0.28 | 0.35 | 89 | Technology | |
| ARMOUR Residential REIT, Inc. | 0.40 | 0.52 | 0.58 | 67 | Real Estate |
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