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
1042 ETFs have low correlation with LNGX (below 0.3), 932 of which are negatively correlated. The least correlated is Avantis Credit ETF (AVGB) (Global Bonds) with a 1Y correlation of -0.41, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.41 | -0.41 | -0.41 | 54 | Global Bonds | LNGX vs AVGB | |
| Invesco Investment Grade Defensive ETF | -0.35 | -0.35 | -0.35 | 56 | Corporate Bonds | LNGX vs IIGD | |
| Eaton Vance Short Duration Income ETF | -0.35 | -0.35 | -0.35 | 90 | Short-Term Bond | LNGX vs EVSD | |
| Frontier Asset Core Bond ETF | -0.35 | — | — | 56 | Intermediate Core Bond | LNGX vs FCBD | |
| Dimensional National Municipal Bond ETF | -0.34 | -0.34 | -0.34 | 81 | Municipal Bonds | LNGX vs DFNM |
See all 1084 diversifiers for LNGX
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