Looking to diversify beyond LFGY? The ETFs below have historically moved differently from LFGY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LFGY
598 ETFs have low correlation with LFGY (below 0.3), 96 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.72 | — | — | 61 | Cryptocurrency | LFGY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.72 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | LFGY vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.72 | — | — | 52 | Inverse Equities | LFGY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.71 | — | — | 61 | Inverse Equities, Leveraged Equities | LFGY vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.70 | — | — | 75 | Derivative Income | LFGY vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LFGY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Pathward Financial, Inc. (CASH) (Financial Services) with a 1Y correlation of 0.20, roughly unchanged from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pathward Financial, Inc. | 0.20 | 0.26 | 0.26 | 61 | Financial Services | |
| Orchid Island Capital, Inc. | 0.31 | 0.34 | 0.34 | 61 | Real Estate | |
| Trinity Capital Inc. | 0.34 | — | — | 84 | Financial Services |
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