Looking to balance out your exposure to LCII? The ETFs below have the lowest correlation with LCII — they tend to move on their own, which can help reduce risk when LCII drops. The stock ideas table highlights individual companies that behave independently from LCII.
Best Diversifiers for LCII
2 ETFs have low correlation with LCII (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) (Gold) with a 1Y correlation of 0.22, roughly unchanged from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.22 | 0.27 | — | 52 | Gold | LCII vs GDE | |
| Invesco QQQ ETF | 0.28 | 0.32 | 0.41 | 74 | Nasdaq-100 | LCII vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.36 | 0.44 | 0.50 | 74 | S&P 500 | LCII vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LCII, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LCII and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.10 | 0.17 | 73 | Consumer Defensive | |
| Robinhood Markets, Inc. | 0.09 | 0.28 | — | 52 | Financial Services | |
| Walmart Inc. | 0.09 | 0.12 | 0.17 | 66 | Consumer Defensive | |
| RTX Corporation | 0.13 | 0.18 | 0.28 | 75 | Industrials | |
| Eli Lilly and Company | 0.14 | 0.08 | 0.11 | 75 | Healthcare |
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