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
1056 ETFs have low correlation with LNGX (below 0.3), 941 of which are negatively correlated. The least correlated is Invesco Investment Grade Defensive ETF (IIGD) (Corporate Bonds) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Investment Grade Defensive ETF | -0.34 | -0.34 | -0.34 | 54 | Corporate Bonds | LNGX vs IIGD | |
| Dimensional National Municipal Bond ETF | -0.34 | -0.34 | — | 79 | Municipal Bonds | LNGX vs DFNM | |
| Capital Group Short Duration Income ETF | -0.33 | -0.33 | — | 87 | Short-Term Bond | LNGX vs CGSD | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.33 | -0.33 | -0.33 | 67 | Municipal Bonds | LNGX vs BSMW | |
| Neos Enhanced Income Aggregate Bond ETF | -0.32 | -0.32 | -0.32 | 50 | Intermediate Core-Plus Bond | LNGX vs BNDI |
See all 1098 diversifiers for LNGX
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