Looking to balance out your exposure to LDOS? The ETFs below have the lowest correlation with LDOS — they tend to move on their own, which can help reduce risk when LDOS drops. The stock ideas table highlights individual companies that behave independently from LDOS.
Best Diversifiers for LDOS
9 ETFs have low correlation with LDOS (below 0.3), 1 of which are negatively correlated. The least correlated is iShares Silver Trust (SLV) (Silver) with a 1Y correlation of -0.06, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Silver Trust | -0.06 | 0.03 | 0.10 | 51 | Silver, Precious Metals | LDOS vs SLV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.01 | -0.05 | -0.02 | 100 | Government Bonds, Ultrashort Bond | LDOS vs BIL | |
| VanEck Semiconductor ETF | 0.04 | 0.15 | 0.17 | 96 | Semiconductors, Technology Equities | LDOS vs SMH | |
| iShares 0-3 Month Treasury Bond ETF | 0.10 | 0.05 | 0.01 | 100 | Ultrashort Bond | LDOS vs SGOV | |
| Invesco FTSE RAFI Emerging Markets ETF | 0.11 | 0.18 | 0.19 | 70 | Emerging Markets Equities | LDOS vs PXH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LDOS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LDOS and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.02, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.02 | 0.09 | 0.19 | 56 | Communication Services | |
| Micron Technology, Inc. | -0.01 | 0.11 | 0.12 | 99 | Technology | |
| NVIDIA Corporation | -0.00 | 0.10 | 0.11 | 80 | Technology | |
| Broadcom Inc. | 0.01 | 0.12 | 0.15 | 76 | Technology | |
| ASML Holding N.V. | 0.01 | 0.10 | 0.14 | 94 | Technology |
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Build a portfolio that complements LDOS
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