Looking to balance out your exposure to LPL? The ETFs below have the lowest correlation with LPL — they tend to move on their own, which can help reduce risk when LPL drops. The stock ideas table highlights individual companies that behave independently from LPL.
No Diversifiers Found for LPL
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 LPL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LPL and solid risk/return profiles. The least correlated is BigBear.ai Holdings, Inc. (BBAI) (Technology) with a 1Y correlation of 0.22, roughly unchanged from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BigBear.ai Holdings, Inc. | 0.22 | 0.17 | — | 52 | Technology | |
| QUALCOMM Incorporated | 0.30 | 0.30 | 0.37 | 79 | Technology | |
| Apple Inc | 0.35 | 0.28 | 0.34 | 89 | Technology |
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