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 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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.25 | 0.22 | — | 74 | S&P 500 | LASE vs SPY | |
| Vanguard Total Stock Market ETF | 0.26 | 0.23 | — | 73 | Large Cap Blend Equities | LASE vs VTI |
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 0.10, roughly unchanged from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.10 | 0.13 | — | 90 | Technology | |
| AST SpaceMobile, Inc. | 0.19 | 0.13 | — | 89 | Communication Services | |
| Nebius Group N.V. | 0.20 | — | — | 97 | Communication Services |
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.
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