Looking to balance out your exposure to LCII? The ETFs below have historically moved differently from LCII, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LCII
1 ETFs have low correlation with LCII (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.23, down from 0.41 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.23 | 0.32 | 0.41 | 54 | Nasdaq-100 | LCII vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.30 | 0.43 | 0.49 | 71 | S&P 500 | LCII vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LCII, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.02, down from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.02 | 0.09 | 0.16 | 63 | Consumer Defensive | |
| The Charles Schwab Corporation | 0.02 | 0.27 | 0.35 | 57 | Financial Services | |
| Walmart Inc. | 0.09 | 0.11 | 0.16 | 59 | Consumer Defensive | |
| Eli Lilly and Company | 0.14 | 0.10 | 0.12 | 81 | Healthcare | |
| Morgan Stanley | 0.15 | 0.34 | 0.41 | 89 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LCII
Add LCII to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LCII