Looking to diversify beyond LNGX? The ETFs below have the lowest correlation with LNGX — 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 LNGX.
Best Diversifiers for LNGX
973 ETFs have low correlation with LNGX (below 0.3), 871 of which are negatively correlated. The least correlated is Hartford Strategic Income ETF (HFSI) (Multisector Bonds) with a 1Y correlation of -0.33, roughly unchanged from -0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hartford Strategic Income ETF | -0.33 | -0.33 | — | 61 | Multisector Bonds | LNGX vs HFSI | |
| iShares Core 1-5 Year USD Bond ETF | -0.32 | -0.32 | -0.32 | 67 | Short-Term Bond | LNGX vs ISTB | |
| iShares J.P. Morgan EM High Yield Bond ETF | -0.32 | -0.32 | -0.32 | 73 | Emerging Markets Bonds | LNGX vs EMHY | |
| VanEck Emerging Markets Bond ETF | -0.32 | -0.32 | -0.32 | 71 | Emerging Markets Bonds | LNGX vs EMBX | |
| Dimensional Short-Duration Fixed Income ETF | -0.32 | -0.32 | -0.32 | 52 | Short-Term Bond | LNGX vs DFSD |
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