Looking to balance out your exposure to LEXX? The ETFs below have the lowest correlation with LEXX — they tend to move on their own, which can help reduce risk when LEXX drops. The stock ideas table highlights individual companies that behave independently from LEXX.
No Diversifiers Found for LEXX
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 LEXX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LEXX and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of 0.11, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | 0.11 | 0.07 | 0.11 | 84 | Technology |
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