Looking to diversify beyond LGH? The ETFs below have the lowest correlation with LGH — 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 LGH.
Best Diversifiers for LGH
385 ETFs have low correlation with LGH (below 0.3), 81 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.32 | -0.06 | 0.06 | 66 | Oil & Gas | LGH vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.06 | 0.07 | 71 | Oil & Gas | LGH vs DBE | |
| United States Brent Oil Fund LP | -0.30 | -0.05 | 0.06 | 65 | Oil & Gas | LGH vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | -0.08 | -0.08 | 56 | Derivative Income | LGH vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | -0.03 | 0.08 | 55 | Oil & Gas | LGH vs OILK |
See all 2101 diversifiers for LGH
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LGH
Add LGH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LGH