Looking to diversify beyond LCTD? The ETFs below have historically moved differently from LCTD, 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 LCTD
249 ETFs have low correlation with LCTD (below 0.3), 82 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, down from -0.32 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.32 | — | 51 | Cryptocurrency | LCTD vs BITI | |
| ProShares UltraShort Yen | -0.39 | -0.28 | -0.23 | 59 | Leveraged Currency | LCTD vs YCS | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.37 | -0.37 | -0.37 | 69 | Derivative Income | LCTD vs WNTR | |
| Invesco DB Energy Fund | -0.33 | -0.11 | 0.08 | 66 | Oil & Gas | LCTD vs DBE | |
| Invesco DB Oil Fund | -0.29 | -0.08 | 0.09 | 51 | Oil & Gas | LCTD vs DBO |
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