Looking to diversify beyond LCAP? The ETFs below have the lowest correlation with LCAP — 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 LCAP.
Best Diversifiers for LCAP
397 ETFs have low correlation with LCAP (below 0.3), 70 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 56 | Inverse Equities | LCAP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 65 | Inverse Equities, Leveraged Equities | LCAP vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.41 | -0.41 | -0.41 | 53 | Cryptocurrency | LCAP vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | LCAP vs WNTR | |
| Invesco DB Energy Fund | -0.28 | — | — | 57 | Oil & Gas | LCAP vs DBE |
See all 2060 diversifiers for LCAP
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