Looking to balance out your exposure to LASE? The ETFs below have historically moved differently from LASE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LASE
2 ETFs have low correlation with LASE (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.25, roughly unchanged from 0.22 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.25 | 0.22 | — | 67 | S&P 500 | LASE vs SPY | |
| Vanguard Total Stock Market ETF | 0.26 | 0.24 | — | 67 | Large Cap Blend Equities | LASE vs VTI |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LASE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.06, roughly unchanged from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.06 | 0.12 | 0.12 | 89 | Technology | |
| Nebius Group N.V. | 0.24 | 0.23 | — | 92 | Communication Services | |
| AST SpaceMobile, Inc. | 0.24 | 0.14 | — | 52 | Technology |
Build a portfolio that complements LASE
Add LASE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LASE