Looking to balance out your exposure to LOAN? The ETFs below have the lowest correlation with LOAN — they tend to move on their own, which can help reduce risk when LOAN drops. The stock ideas table highlights individual companies that behave independently from LOAN.
No Diversifiers Found for LOAN
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LOAN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LOAN and solid risk/return profiles. The least correlated is Monolithic Power Systems, Inc. (MPWR) (Technology) with a 1Y correlation of -0.01, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Monolithic Power Systems, Inc. | -0.01 | 0.03 | 0.08 | 93 | Technology | |
| Merck & Co., Inc. | 0.02 | -0.02 | -0.00 | 90 | Healthcare | |
| Novartis AG | 0.03 | 0.06 | 0.06 | 78 | Healthcare | |
| Hannon Armstrong Sustainable Infrastructure Capita... | 0.08 | 0.11 | 0.14 | 89 | Real Estate | |
| Photronics, Inc. | 0.11 | 0.07 | 0.12 | 74 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LOAN
Add LOAN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LOAN