Looking to balance out your exposure to LASE? The ETFs below have the lowest correlation with LASE — they tend to move on their own, which can help reduce risk when LASE drops. The stock ideas table highlights individual companies that behave independently from LASE.
Best Diversifiers for LASE
2 ETFs have low correlation with LASE (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Total Stock Market ETF (VTI) (Large Cap Blend Equities) with a 1Y correlation of 0.23, roughly unchanged from 0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF | 0.23 | 0.22 | — | 66 | Large Cap Blend Equities | LASE vs VTI | |
| State Street SPDR S&P 500 ETF | 0.23 | 0.22 | — | 66 | S&P 500 | LASE vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LASE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LASE and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.09, roughly unchanged from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.09 | 0.13 | — | 91 | Technology | |
| Sezzle Inc. Common Stock | 0.19 | — | — | 55 | Financial Services | |
| Nebius Group N.V. | 0.19 | — | — | 96 | Communication Services | |
| AST SpaceMobile, Inc. | 0.24 | 0.14 | — | 65 | Technology |
Build a portfolio that complements LASE
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