Looking to balance out your exposure to LGIH? The ETFs below have the lowest correlation with LGIH — they tend to move on their own, which can help reduce risk when LGIH drops. The stock ideas table highlights individual companies that behave independently from LGIH.
Best Diversifiers for LGIH
0 ETFs have low correlation with LGIH (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 0.34, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.34 | 0.43 | 0.49 | 70 | S&P 500 | LGIH vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LGIH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LGIH and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| American Healthcare REIT, Inc. | -0.03 | — | — | 81 | Real Estate | |
| D.R. Horton, Inc. | 0.67 | 0.73 | 0.77 | 58 | Consumer Cyclical |
Build a portfolio that complements LGIH
Add LGIH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LGIH