Looking to diversify beyond LBAY? The ETFs below have the lowest correlation with LBAY — 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 LBAY.
Best Diversifiers for LBAY
1942 ETFs have low correlation with LBAY (below 0.3), 889 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KraneShares Artificial Intelligence & Technology E... | -0.37 | — | — | 60 | Technology Equities | LBAY vs AGIX | |
| Alger AI Enablers & Adopters ETF | -0.37 | — | — | 68 | Technology Equities | LBAY vs ALAI | |
| First Trust Bloomberg Artificial Intelligence ETF | -0.35 | — | — | 70 | Technology Equities | LBAY vs FAI | |
| Alger 35 ETF | -0.34 | -0.15 | 0.03 | 55 | Large Cap Growth Equities | LBAY vs ATFV | |
| iShares U.S. Technology ETF | -0.33 | -0.14 | 0.03 | 70 | Technology Equities | LBAY vs IYW |
See all 2072 diversifiers for LBAY
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Diversification Analysis
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