Looking to diversify beyond LFBE? The ETFs below have the lowest correlation with LFBE — 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 LFBE.
Best Diversifiers for LFBE
1483 ETFs have low correlation with LFBE (below 0.3), 68 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.38 | -0.38 | 63 | Leveraged Currency | LFBE vs YCS | |
| United States Gasoline Fund LP | -0.40 | — | — | 55 | Oil & Gas | LFBE vs UGA | |
| Fidelity Managed Futures ETF | -0.31 | -0.30 | -0.30 | 64 | Systematic Trend | LFBE vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.30 | -0.24 | -0.24 | 75 | Commodities | LFBE vs FAAR | |
| VanEck Commodity Strategy ETF | -0.29 | -0.25 | -0.25 | 57 | Commodities | LFBE vs PIT |
See all 1935 diversifiers for LFBE
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