Looking to balance out your exposure to LCTX? The ETFs below have the lowest correlation with LCTX — they tend to move on their own, which can help reduce risk when LCTX drops. The stock ideas table highlights individual companies that behave independently from LCTX.
Best Diversifiers for LCTX
1 ETFs have low correlation with LCTX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P 500 Momentum ETF (SPMO) (Momentum) with a 1Y correlation of 0.26, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Momentum ETF | 0.26 | 0.22 | 0.27 | 75 | Momentum, S&P 500 | LCTX vs SPMO | |
| State Street SPDR S&P 500 ETF | 0.34 | 0.28 | 0.32 | 70 | S&P 500 | LCTX vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LCTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LCTX and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.19, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 0.19 | 0.15 | 0.14 | 72 | Healthcare |
Build a portfolio that complements LCTX
Add LCTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LCTX