Looking to diversify beyond LKOR? The ETFs below have the lowest correlation with LKOR — 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 LKOR.
Best Diversifiers for LKOR
471 ETFs have low correlation with LKOR (below 0.3), 83 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.40 | -0.41 | 72 | Leveraged Currency | LKOR vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.37 | -0.34 | 51 | Currency | LKOR vs UUP | |
| Invesco DB Energy Fund | -0.40 | -0.20 | -0.12 | 53 | Oil & Gas | LKOR vs DBE | |
| United States Gasoline Fund LP | -0.39 | -0.17 | -0.11 | 78 | Oil & Gas | LKOR vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.14 | -0.08 | 51 | Commodities | LKOR vs GSG |
See all 1925 diversifiers for LKOR
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