Looking to balance out your exposure to LTBR? The ETFs below have the lowest correlation with LTBR — they tend to move on their own, which can help reduce risk when LTBR drops. The stock ideas table highlights individual companies that behave independently from LTBR.
Best Diversifiers for LTBR
0 ETFs have low correlation with LTBR (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.50, up from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.50 | 0.37 | 0.36 | 70 | S&P 500 | LTBR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LTBR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LTBR and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.16, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.16 | -0.06 | 0.02 | 51 | Financial Services | |
| PepsiCo, Inc. | -0.13 | -0.11 | -0.07 | 56 | Consumer Defensive | |
| Merck & Co., Inc. | 0.03 | -0.05 | -0.03 | 87 | Healthcare | |
| Eli Lilly and Company | 0.05 | 0.06 | 0.05 | 72 | Healthcare | |
| Union Pacific Corporation | 0.09 | 0.09 | 0.14 | 68 | Industrials |
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