Looking to diversify beyond LAPR? The ETFs below have the lowest correlation with LAPR — 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 LAPR.
Best Diversifiers for LAPR
382 ETFs have low correlation with LAPR (below 0.3), 27 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.20, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.20 | -0.25 | -0.25 | 55 | Inverse Equities | LAPR vs NFXS | |
| Brookstone Ultra-Short Bond ETF | -0.17 | -0.01 | -0.01 | 98 | Ultrashort Bond | LAPR vs BAMU | |
| United States Gasoline Fund LP | -0.14 | -0.03 | -0.03 | 55 | Oil & Gas | LAPR vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | -0.12 | -0.12 | 97 | Inflation-Protected Bonds | LAPR vs RBIL | |
| Breakwave Dry Bulk Shipping ETF | -0.12 | -0.04 | -0.04 | 75 | Commodities | LAPR vs BDRY |
See all 1938 diversifiers for LAPR
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Diversification Analysis
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