Looking to diversify beyond LDUR? The ETFs below have the lowest correlation with LDUR — 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 LDUR.
Best Diversifiers for LDUR
1718 ETFs have low correlation with LDUR (below 0.3), 102 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.43 | -0.38 | 67 | Leveraged Currency | LDUR vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.16 | -0.09 | 84 | Oil & Gas | LDUR vs UGA | |
| Fidelity Managed Futures ETF | -0.29 | — | — | 76 | Systematic Trend | LDUR vs FFUT | |
| Invesco DB Energy Fund | -0.28 | -0.15 | -0.09 | 58 | Oil & Gas | LDUR vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.24 | -0.12 | -0.07 | 53 | Commodities | LDUR vs COMT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LDUR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LDUR and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.19, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.19 | -0.09 | -0.06 | 73 | Energy | |
| TotalEnergies SE | -0.05 | -0.02 | -0.04 | 80 | Energy | |
| China Shenhua Energy Co Ltd | 0.04 | 0.01 | -0.01 | 77 | Energy | |
| Kraken Robotics Inc | 0.05 | 0.04 | 0.00 | 76 | Technology | |
| Applied Digital Corporation | 0.07 | -0.01 | 0.00 | 88 | Technology |
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