Looking to balance out your exposure to LAUR? The ETFs below have the lowest correlation with LAUR — they tend to move on their own, which can help reduce risk when LAUR drops. The stock ideas table highlights individual companies that behave independently from LAUR.
Best Diversifiers for LAUR
1 ETFs have low correlation with LAUR (below 0.3), 0 of which are negatively correlated. The least correlated is YieldMax NVDA Option Income Strategy ETF (NVDY) (Derivative Income) with a 1Y correlation of 0.11, roughly unchanged from 0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax NVDA Option Income Strategy ETF | 0.11 | 0.15 | — | 52 | Derivative Income, Options Trading | LAUR vs NVDY | |
| State Street SPDR S&P 500 ETF | 0.31 | 0.35 | 0.36 | 70 | S&P 500 | LAUR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LAUR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LAUR and solid risk/return profiles. The least correlated is Elbit Systems Ltd (ESLT) (Industrials) with a 1Y correlation of 0.06, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Elbit Systems Ltd | 0.06 | 0.10 | 0.14 | 88 | Industrials | |
| American Healthcare REIT, Inc. | 0.09 | — | — | 81 | Real Estate | |
| UnitedHealth Group Incorporated | 0.10 | 0.06 | 0.11 | 61 | Healthcare | |
| Raytheon Technologies Corporation | 0.10 | 0.17 | 0.23 | 70 | Industrials | |
| Welltower Inc. | 0.11 | 0.20 | 0.23 | 79 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LAUR
Add LAUR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LAUR