Looking to balance out your exposure to LCUT? The ETFs below have the lowest correlation with LCUT — they tend to move on their own, which can help reduce risk when LCUT drops. The stock ideas table highlights individual companies that behave independently from LCUT.
No Diversifiers Found for LCUT
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LCUT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LCUT and solid risk/return profiles. The least correlated is Camtek Ltd (CAMT) (Technology) with a 1Y correlation of -0.04, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Camtek Ltd | -0.04 | 0.07 | 0.14 | 84 | Technology | |
| Lockheed Martin Corporation | -0.04 | 0.00 | 0.03 | 52 | Industrials | |
| Eli Lilly and Company | -0.02 | 0.03 | 0.06 | 75 | Healthcare | |
| Merck & Co., Inc. | 0.01 | 0.05 | 0.05 | 90 | Healthcare | |
| Fortress Transportation and Infrastructure Investo... | 0.02 | 0.07 | 0.11 | 84 | Industrials |
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