Looking to balance out your exposure to LRLCY? The ETFs below have the lowest correlation with LRLCY — they tend to move on their own, which can help reduce risk when LRLCY drops. The stock ideas table highlights individual companies that behave independently from LRLCY.
Best Diversifiers for LRLCY
1 ETFs have low correlation with LRLCY (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Floating Rate Bond ETF (FLOT) (Corporate Bonds) with a 1Y correlation of 0.20, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Floating Rate Bond ETF | 0.20 | 0.19 | 0.18 | 98 | Corporate Bonds | LRLCY vs FLOT | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.38 | 0.47 | 70 | S&P 500 | LRLCY vs SPY | |
| Vanguard S&P 500 ETF | 0.39 | 0.39 | 0.47 | 70 | S&P 500 | LRLCY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LRLCY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LRLCY and solid risk/return profiles. The least correlated is Oracle Corporation (ORCL) (Technology) with a 1Y correlation of -0.00, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Oracle Corporation | -0.00 | 0.14 | 0.24 | 58 | Technology | |
| NVIDIA Corporation | -0.00 | 0.11 | 0.24 | 78 | Technology | |
| Tesla, Inc. | 0.07 | 0.14 | 0.23 | 55 | Consumer Cyclical | |
| TotalEnergies SE | 0.09 | 0.17 | 0.16 | 90 | Energy | |
| AbbVie Inc. | 0.10 | 0.16 | 0.18 | 62 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LRLCY
Add LRLCY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LRLCY