Looking to diversify beyond LEAD? The ETFs below have the lowest correlation with LEAD — 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 LEAD.
Best Diversifiers for LEAD
367 ETFs have low correlation with LEAD (below 0.3), 78 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.09 | 0.06 | 71 | Oil & Gas | LEAD vs DBE | |
| United States Oil Fund LP | -0.31 | -0.08 | 0.05 | 66 | Oil & Gas | LEAD vs USO | |
| United States Brent Oil Fund LP | -0.28 | -0.08 | 0.05 | 65 | Oil & Gas | LEAD vs BNO | |
| United States Gasoline Fund LP | -0.27 | -0.08 | 0.05 | 69 | Oil & Gas | LEAD vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.06 | 0.07 | 55 | Oil & Gas | LEAD vs OILK |
See all 2098 diversifiers for LEAD
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LEAD
Add LEAD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LEAD