Looking to balance out your exposure to LKFN? The ETFs below have the lowest correlation with LKFN — they tend to move on their own, which can help reduce risk when LKFN drops. The stock ideas table highlights individual companies that behave independently from LKFN.
No Diversifiers Found for LKFN
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 LKFN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LKFN and solid risk/return profiles. The least correlated is Banco Macro S.A. (BMA) (Financial Services) with a 1Y correlation of 0.05, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Banco Macro S.A. | 0.05 | 0.11 | 0.17 | 70 | Financial Services | |
| Walmart Inc. | 0.06 | 0.09 | 0.14 | 69 | Consumer Defensive | |
| Brighthouse Financial, Inc. | 0.13 | 0.39 | 0.47 | 75 | Financial Services | |
| Sumitomo Mitsui Financial Group, Inc. | 0.18 | 0.21 | 0.25 | 94 | Financial Services | |
| W. R. Berkley Corporation | 0.21 | 0.25 | 0.33 | 52 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LKFN
Add LKFN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LKFN