Looking to balance out your exposure to LSTR? The ETFs below have the lowest correlation with LSTR — they tend to move on their own, which can help reduce risk when LSTR drops. The stock ideas table highlights individual companies that behave independently from LSTR.
Best Diversifiers for LSTR
3 ETFs have low correlation with LSTR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.18, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.18 | 0.28 | 0.38 | 73 | Nasdaq-100 | LSTR vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.39 | 0.48 | 70 | S&P 500 | LSTR vs SPY | |
| iShares MSCI World ETF | 0.28 | 0.41 | 0.49 | 63 | Global Equities | LSTR vs URTH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LSTR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LSTR and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) 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 | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.06 | 0.07 | 0.21 | 78 | Technology | |
| International Seaways, Inc. | 0.14 | 0.16 | 0.15 | 95 | Energy | |
| Expeditors International of Washington, Inc. | 0.56 | 0.55 | 0.60 | 79 | Industrials | |
| Old Dominion Freight Line, Inc. | 0.75 | 0.67 | 0.69 | 71 | Industrials |
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