Looking to balance out your exposure to LESL? The ETFs below have the lowest correlation with LESL — they tend to move on their own, which can help reduce risk when LESL drops. The stock ideas table highlights individual companies that behave independently from LESL.
No Diversifiers Found for LESL
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 LESL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LESL and solid risk/return profiles. The least correlated is Horace Mann Educators Corporation (HMN) (Financial Services) with a 1Y correlation of 0.00, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Horace Mann Educators Corporation | 0.00 | 0.12 | 0.16 | 51 | Financial Services | |
| The Travelers Companies, Inc. | 0.02 | 0.10 | 0.13 | 51 | Financial Services | |
| Walmart Inc. | 0.13 | 0.11 | 0.16 | 63 | Consumer Defensive | |
| Enova International, Inc. | 0.14 | 0.26 | 0.32 | 82 | Financial Services |
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