Looking to diversify beyond LIT? The ETFs below have the lowest correlation with LIT — 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 LIT.
Best Diversifiers for LIT
430 ETFs have low correlation with LIT (below 0.3), 29 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (ISCMF) (Commodities) with a 1Y correlation of -0.15, down from -0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.15 | -0.02 | — | 77 | Commodities | LIT vs ISCMF | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 95 | Inflation-Protected Bonds | LIT vs IBID | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.12 | — | — | 97 | Inflation-Protected Bonds | LIT vs RBIL | |
| ProShares UltraShort Yen | -0.11 | -0.12 | -0.10 | 61 | Leveraged Currency | LIT vs YCS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.05 | -0.02 | 100 | Government Bonds, Ultrashort Bond | LIT vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LIT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LIT and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.13, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.13 | 0.01 | 0.06 | 70 | Consumer Defensive | |
| Duke Energy Corporation | -0.09 | -0.02 | -0.01 | 62 | Utilities | |
| The Coca-Cola Company | -0.05 | 0.04 | 0.08 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.05 | 0.13 | 0.20 | 68 | Energy | |
| ConocoPhillips Company | -0.05 | 0.11 | 0.19 | 61 | Energy |
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