Looking to diversify beyond LALT? The ETFs below have the lowest correlation with LALT — 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 LALT.
Best Diversifiers for LALT
1681 ETFs have low correlation with LALT (below 0.3), 160 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.22, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.22 | -0.21 | -0.21 | 52 | Cryptocurrency, Leveraged Cryptocurrency | LALT vs SBIT | |
| ProShares Short Bitcoin ETF | -0.22 | -0.19 | -0.17 | 57 | Cryptocurrency | LALT vs BITI | |
| Invesco DB US Dollar Index Bullish Fund | -0.16 | -0.20 | — | 51 | Currency | LALT vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.16 | — | — | 68 | Inverse Equities, Leveraged Equities | LALT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.16 | — | — | 60 | Inverse Equities | LALT vs SMST |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LALT
Add LALT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LALT