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
1054 ETFs have low correlation with LLYX (below 0.3), 26 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.19, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | -0.15 | -0.15 | 98 | Inflation-Protected Bonds | LLYX vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.18 | -0.07 | -0.07 | 75 | Commodities | LLYX vs FAAR | |
| Fidelity Managed Futures ETF | -0.17 | -0.17 | -0.17 | 64 | Systematic Trend | LLYX vs FFUT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.16 | -0.08 | -0.08 | 50 | Commodities | LLYX vs CMDT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.16 | -0.07 | -0.07 | 53 | Commodities | LLYX vs CERY |
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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 | — | — | 74 | Healthcare |
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