Looking to diversify beyond LGLV? The ETFs below have the lowest correlation with LGLV — 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 LGLV.
Best Diversifiers for LGLV
726 ETFs have low correlation with LGLV (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.13 | -0.09 | 63 | Leveraged Currency | LGLV vs YCS | |
| United States Gasoline Fund LP | -0.16 | -0.07 | 0.04 | 55 | Oil & Gas | LGLV vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | — | — | 97 | Inflation-Protected Bonds | LGLV vs RBIL | |
| Direxion Daily NFLX Bear 1X Shares | -0.12 | -0.15 | -0.15 | 55 | Inverse Equities | LGLV vs NFXS | |
| GraniteShares 2x Long MU Daily ETF | -0.10 | 0.04 | 0.04 | 98 | Leveraged Equities | LGLV vs MULL |
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