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
1148 ETFs have low correlation with LLYX (below 0.3), 45 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.25 | — | — | 65 | Oil & Gas | LLYX vs BNO | |
| Invesco DB Oil Fund | -0.25 | — | — | 65 | Oil & Gas | LLYX vs DBO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | -0.16 | -0.16 | 56 | Derivative Income | LLYX vs USOY | |
| Invesco DB Energy Fund | -0.24 | — | — | 71 | Oil & Gas | LLYX vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | — | — | 71 | Commodities | LLYX vs GSG |
See all 1164 diversifiers for LLYX
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