Looking to diversify beyond LFEQ? The ETFs below have the lowest correlation with LFEQ — 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 LFEQ.
Best Diversifiers for LFEQ
368 ETFs have low correlation with LFEQ (below 0.3), 82 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.07 | 0.05 | 66 | Oil & Gas | LFEQ vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.07 | 0.05 | 71 | Oil & Gas | LFEQ vs DBE | |
| United States Brent Oil Fund LP | -0.29 | -0.05 | 0.05 | 65 | Oil & Gas | LFEQ vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | LFEQ vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.03 | 0.07 | 55 | Oil & Gas | LFEQ vs OILK |
See all 2100 diversifiers for LFEQ
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