Looking to balance out your exposure to LQDT? The ETFs below have the lowest correlation with LQDT — they tend to move on their own, which can help reduce risk when LQDT drops. The stock ideas table highlights individual companies that behave independently from LQDT.
Best Diversifiers for LQDT
0 ETFs have low correlation with LQDT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.43, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.43 | 0.38 | 0.42 | 70 | S&P 500 | LQDT vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LQDT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LQDT and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.05, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.05 | 0.02 | 0.11 | 63 | Consumer Defensive | |
| CF Industries Holdings, Inc. | -0.05 | 0.07 | 0.12 | 60 | Basic Materials | |
| Johnson & Johnson | -0.01 | -0.00 | 0.04 | 92 | Healthcare | |
| Ackermans & Van Haaren NV ADR | 0.06 | — | — | 94 | Industrials | |
| Eli Lilly and Company | 0.08 | 0.06 | 0.10 | 72 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LQDT
Add LQDT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LQDT