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Looking to balance out your exposure to LIF? The ETFs below have the lowest correlation with LIF — they tend to move on their own, which can help reduce risk when LIF drops. The stock ideas table highlights individual companies that behave independently from LIF.

Best Diversifiers for LIF

11 ETFs have low correlation with LIF (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.05 over 5 years.


See all 14 diversifiers for LIF

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from LIF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LIF and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.06 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Walmart Inc.-0.160.060.06
63
Consumer Defensive
The Williams Companies, Inc.-0.030.140.14
66
Energy
AstraZeneca PLC-0.020.080.08
70
Healthcare
Phibro Animal Health Corporation0.070.170.17
59
Healthcare
Xeris Biopharma Holdings, Inc.0.11
55
Healthcare
See all 38 low-correlation stocks for LIF

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Diversification Analysis

Build a portfolio that complements LIF

Add LIF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with LIF