Looking to balance out your exposure to LANDP? The ETFs below have the lowest correlation with LANDP — they tend to move on their own, which can help reduce risk when LANDP drops. The stock ideas table highlights individual companies that behave independently from LANDP.
Best Diversifiers for LANDP
2 ETFs have low correlation with LANDP (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.11, roughly unchanged from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | 0.11 | 0.12 | — | 60 | Nasdaq-100, Derivative Income | LANDP vs JEPQ | |
| Schwab U.S. Dividend Equity ETF | 0.13 | 0.21 | — | 91 | Dividend | LANDP vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LANDP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LANDP and solid risk/return profiles. The least correlated is MPLX LP (MPLX) (Energy) with a 1Y correlation of -0.03, down from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| MPLX LP | -0.03 | 0.09 | — | 82 | Energy | |
| Easterly Government Properties, Inc. | 0.03 | 0.17 | — | 72 | Real Estate | |
| Enterprise Products Partners L.P. | 0.08 | 0.12 | — | 87 | Energy | |
| Energy Transfer LP | 0.11 | 0.11 | — | 83 | Energy | |
| Western Midstream Partners, LP | 0.11 | 0.11 | — | 77 | Energy |
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