Looking to balance out your exposure to LQDA? The ETFs below have the lowest correlation with LQDA — they tend to move on their own, which can help reduce risk when LQDA drops. The stock ideas table highlights individual companies that behave independently from LQDA.
Best Diversifiers for LQDA
5 ETFs have low correlation with LQDA (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Asia 50 ETF (AIA) (Asia Pacific Equities) with a 1Y correlation of 0.06, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Asia 50 ETF | 0.06 | 0.16 | 0.21 | 93 | Asia Pacific Equities | LQDA vs AIA | |
| Vanguard FTSE Emerging Markets ETF | 0.11 | 0.19 | 0.23 | 56 | Emerging Markets Equities | LQDA vs VWO | |
| iShares MSCI ACWI ETF | 0.17 | 0.24 | 0.27 | 66 | Global Equities | LQDA vs ACWI | |
| Vanguard Total World Stock ETF | 0.18 | 0.25 | 0.28 | 67 | Global Equities | LQDA vs VT | |
| Vanguard S&P 500 ETF | 0.20 | 0.23 | 0.26 | 70 | S&P 500 | LQDA vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LQDA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LQDA and solid risk/return profiles. The least correlated is Lumentum Holdings Inc. (LITE) (Technology) with a 1Y correlation of -0.02, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lumentum Holdings Inc. | -0.02 | 0.13 | 0.16 | 99 | Technology | |
| MACOM Technology Solutions Holdings, Inc. | -0.01 | 0.11 | 0.19 | 96 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.01 | 0.13 | 0.18 | 95 | Technology | |
| American Superconductor Corporation | 0.01 | 0.17 | 0.23 | 61 | Industrials | |
| Lam Research Corporation | 0.02 | 0.13 | 0.17 | 98 | Technology |
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