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
473 ETFs have low correlation with LAPR (below 0.3), 67 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.20, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.20 | -0.05 | -0.05 | 66 | Oil & Gas | LAPR vs USO | |
| Invesco DB Energy Fund | -0.18 | -0.04 | -0.04 | 71 | Oil & Gas | LAPR vs DBE | |
| Invesco DB Oil Fund | -0.18 | -0.03 | -0.03 | 65 | Oil & Gas | LAPR vs DBO | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | LAPR vs BAMU | |
| ProShares Ultra Bloomberg Crude Oil | -0.17 | — | — | 56 | Leveraged Commodities | LAPR vs UCO |
See all 2180 diversifiers for LAPR
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LAPR
Add LAPR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LAPR