Looking to balance out your exposure to LOTBY? The ETFs below have the lowest correlation with LOTBY — they tend to move on their own, which can help reduce risk when LOTBY drops. The stock ideas table highlights individual companies that behave independently from LOTBY.
Best Diversifiers for LOTBY
4 ETFs have low correlation with LOTBY (below 0.3), 4 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.02, roughly unchanged from -0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.02 | -0.06 | — | 66 | S&P 500 | LOTBY vs VOO | |
| State Street SPDR S&P 500 ETF | -0.02 | -0.06 | — | 66 | S&P 500 | LOTBY vs SPY | |
| iShares Core S&P 500 ETF | -0.02 | -0.06 | — | 66 | S&P 500 | LOTBY vs IVV | |
| Invesco QQQ ETF | -0.01 | -0.06 | — | 58 | Nasdaq-100 | LOTBY vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LOTBY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LOTBY and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.10, roughly unchanged from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.10 | -0.05 | — | 65 | Technology | |
| Realty Income Corporation | -0.06 | -0.02 | — | 74 | Real Estate | |
| Johnson & Johnson | -0.05 | 0.01 | — | 97 | Healthcare | |
| Altria Group, Inc. | -0.03 | -0.05 | — | 81 | Consumer Defensive | |
| Apple Inc | -0.00 | -0.04 | — | 91 | Technology |
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