Looking to balance out your exposure to LIXT? The ETFs below have the lowest correlation with LIXT — they tend to move on their own, which can help reduce risk when LIXT drops. The stock ideas table highlights individual companies that behave independently from LIXT.
No Diversifiers Found for LIXT
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LIXT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LIXT and solid risk/return profiles. The least correlated is Merck & Co., Inc. (MRK) (Healthcare) with a 1Y correlation of -0.06, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Merck & Co., Inc. | -0.06 | -0.01 | 0.01 | 89 | Healthcare | |
| IonQ, Inc. | 0.11 | 0.12 | 0.17 | 58 | Technology |
Build a portfolio that complements LIXT
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