Looking to diversify beyond LENS? The ETFs below have historically moved differently from LENS, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LENS
712 ETFs have low correlation with LENS (below 0.3), 24 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.25 | — | — | 63 | Derivative Income | LENS vs WNTR | |
| ProShares UltraShort Yen | -0.15 | — | — | 59 | Leveraged Currency | LENS vs YCS | |
| TCW AAA CLO ETF | -0.09 | -0.10 | -0.10 | 99 | CLO | LENS vs ACLO | |
| Roundhill Weekly T-Bill ETF | -0.09 | — | — | 99 | Ultrashort Bond | LENS vs WEEK | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.07 | -0.05 | -0.05 | 97 | Inflation-Protected Bonds | LENS vs RBIL |
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