Looking to diversify beyond LLYX? The ETFs below have the lowest correlation with LLYX — 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 LLYX.
Best Diversifiers for LLYX
1115 ETFs have low correlation with LLYX (below 0.3), 55 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | — | — | 51 | Commodities | LLYX vs GSG | |
| Invesco DB Energy Fund | -0.23 | — | — | 53 | Oil & Gas | LLYX vs DBE | |
| DoubleLine Commodity Strategy ETF | -0.22 | — | — | 51 | Commodities | LLYX vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.21 | — | — | 54 | Commodities | LLYX vs DBC | |
| First Trust Alternative Absolute Return Strategy E... | -0.20 | — | — | 64 | Commodities | LLYX vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LLYX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LLYX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 1.00 | — | — | 80 | Healthcare |
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