Looking to diversify beyond LCOW? The ETFs below have the lowest correlation with LCOW — 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 LCOW.
Best Diversifiers for LCOW
339 ETFs have low correlation with LCOW (below 0.3), 57 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 | -0.39 | — | — | 53 | Inverse Equities | LCOW vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 60 | Inverse Equities, Leveraged Equities | LCOW vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | LCOW vs WNTR | |
| United States Gasoline Fund LP | -0.22 | — | — | 72 | Oil & Gas | LCOW vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | LCOW vs IBIC |
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