Looking to balance out your exposure to LOB? The ETFs below have the lowest correlation with LOB — they tend to move on their own, which can help reduce risk when LOB drops. The stock ideas table highlights individual companies that behave independently from LOB.
No Diversifiers Found for LOB
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 LOB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LOB and solid risk/return profiles. The least correlated is Prologis, Inc. (PLD) (Real Estate) with a 1Y correlation of 0.42, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Prologis, Inc. | 0.42 | 0.42 | 0.40 | 86 | Real Estate |
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