Looking to diversify beyond LEXI? The ETFs below have the lowest correlation with LEXI — 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 LEXI.
Best Diversifiers for LEXI
339 ETFs have low correlation with LEXI (below 0.3), 53 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | -0.47 | -0.47 | 53 | Inverse Equities | LEXI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | -0.45 | -0.45 | 60 | Inverse Equities, Leveraged Equities | LEXI vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | -0.47 | -0.47 | 65 | Derivative Income | LEXI vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.25 | -0.22 | -0.22 | 51 | Multistrategy | LEXI vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | LEXI vs IBIC |
See all 2046 diversifiers for LEXI
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