Looking to diversify beyond LCR? The ETFs below have the lowest correlation with LCR — 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 LCR.
Best Diversifiers for LCR
301 ETFs have low correlation with LCR (below 0.3), 66 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.37, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.37 | -0.10 | 0.11 | 71 | Oil & Gas | LCR vs DBE | |
| United States Oil Fund LP | -0.36 | -0.09 | 0.11 | 66 | Oil & Gas | LCR vs USO | |
| United States Brent Oil Fund LP | -0.34 | -0.08 | 0.10 | 65 | Oil & Gas | LCR vs BNO | |
| United States Gasoline Fund LP | -0.31 | -0.07 | 0.10 | 69 | Oil & Gas | LCR vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.31 | -0.05 | 0.13 | 55 | Oil & Gas | LCR vs OILK |
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