Looking to balance out your exposure to LFVN? The ETFs below have the lowest correlation with LFVN — they tend to move on their own, which can help reduce risk when LFVN drops. The stock ideas table highlights individual companies that behave independently from LFVN.
Best Diversifiers for LFVN
1 ETFs have low correlation with LFVN (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.25, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.25 | 0.18 | 0.21 | 74 | S&P 500 | LFVN vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LFVN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LFVN and solid risk/return profiles. The least correlated is Hachijuni Bank Ltd ADR (HACBY) (Financial Services) with a 1Y correlation of -0.16, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Hachijuni Bank Ltd ADR | -0.16 | -0.06 | -0.01 | 82 | Financial Services | |
| DT Midstream, Inc. | -0.08 | 0.04 | — | 85 | Energy | |
| Bper Banca SpA ADR | -0.05 | -0.02 | -0.03 | 80 | Financial Services | |
| Walmart Inc. | -0.05 | 0.05 | 0.09 | 66 | Consumer Defensive | |
| Argan, Inc. | 0.07 | 0.09 | 0.12 | 94 | Industrials |
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