Looking to balance out your exposure to LOMA? The ETFs below have the lowest correlation with LOMA — they tend to move on their own, which can help reduce risk when LOMA drops. The stock ideas table highlights individual companies that behave independently from LOMA.
Best Diversifiers for LOMA
0 ETFs have low correlation with LOMA (below 0.3), 0 of which are negatively correlated. The least correlated is iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) (Emerging Markets Bonds) with a 1Y correlation of 0.34, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 0.34 | 0.34 | 0.29 | 66 | Emerging Markets Bonds | LOMA vs EMB | |
| Invesco QQQ ETF | 0.35 | 0.34 | 0.33 | 53 | Nasdaq-100 | LOMA vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.40 | 0.37 | 0.37 | 65 | S&P 500 | LOMA vs SPY | |
| Schwab International Equity ETF | 0.40 | 0.40 | 0.41 | 61 | Foreign Large Cap Equities | LOMA vs SCHF |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LOMA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LOMA and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | -0.03 | 0.05 | 80 | Consumer Defensive | |
| PepsiCo, Inc. | -0.07 | -0.02 | 0.05 | 53 | Consumer Defensive | |
| The Coca-Cola Company | -0.05 | -0.01 | 0.08 | 84 | Consumer Defensive | |
| Waste Management, Inc. | -0.04 | 0.06 | 0.11 | 56 | Industrials | |
| Johnson & Johnson | -0.04 | -0.02 | 0.01 | 96 | Healthcare |
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