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
394 ETFs have low correlation with LKOR (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.40 | -0.41 | 61 | Leveraged Currency | LKOR vs YCS | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.10 | -0.10 | 70 | Commodities | LKOR vs FAAR | |
| VanEck Commodity Strategy ETF | -0.25 | -0.08 | — | 55 | Commodities | LKOR vs PIT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.24 | — | — | 99 | Ultrashort Bond | LKOR vs CSHP | |
| Fidelity Managed Futures ETF | -0.24 | — | — | 64 | Systematic Trend | LKOR vs FFUT |
See all 1940 diversifiers for LKOR
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