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
301 ETFs have low correlation with LGDX (below 0.3), 38 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.46, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.46 | -0.48 | -0.48 | 51 | Derivative Income | LGDX vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.23 | — | — | 55 | Inverse Equities | LGDX vs NFXS | |
| United States Gasoline Fund LP | -0.23 | — | — | 60 | Oil & Gas | LGDX vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | LGDX vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | LGDX vs RBIL |
See all 1935 diversifiers for LGDX
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