Looking to diversify beyond LGDX? The ETFs below have the lowest correlation with LGDX — 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 LGDX.
Best Diversifiers for LGDX
382 ETFs have low correlation with LGDX (below 0.3), 85 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | — | — | 71 | Oil & Gas | LGDX vs DBE | |
| United States Oil Fund LP | -0.32 | — | — | 66 | Oil & Gas | LGDX vs USO | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | LGDX vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | -0.13 | -0.13 | 56 | Derivative Income | LGDX vs USOY | |
| Invesco DB Oil Fund | -0.27 | — | — | 65 | Oil & Gas | LGDX vs DBO |
See all 2100 diversifiers for LGDX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LGDX
Add LGDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LGDX