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
797 ETFs have low correlation with LGLV (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.13 | -0.10 | 63 | Leveraged Currency | LGLV vs YCS | |
| United States 12 Month Oil Fund LP | -0.17 | -0.06 | 0.05 | 56 | Oil & Gas | LGLV vs USL | |
| Invesco DB Energy Fund | -0.17 | -0.08 | 0.05 | 71 | Oil & Gas | LGLV vs DBE | |
| United States Gasoline Fund LP | -0.16 | -0.06 | 0.05 | 71 | Oil & Gas | LGLV vs UGA | |
| Invesco DB Oil Fund | -0.16 | -0.06 | 0.05 | 65 | Oil & Gas | LGLV vs DBO |
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