Looking to balance out your exposure to LTH? The ETFs below have the lowest correlation with LTH — they tend to move on their own, which can help reduce risk when LTH drops. The stock ideas table highlights individual companies that behave independently from LTH.
Best Diversifiers for LTH
0 ETFs have low correlation with LTH (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.33, roughly unchanged from 0.35 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.33 | 0.35 | — | 73 | Nasdaq-100 | LTH vs QQQ | |
| Vanguard S&P 500 ETF | 0.40 | 0.43 | — | 70 | S&P 500 | LTH vs VOO | |
| State Street SPDR S&P 500 ETF | 0.40 | 0.42 | — | 70 | S&P 500 | LTH vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LTH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LTH and solid risk/return profiles. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.12, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.12 | 0.01 | — | 82 | Energy | |
| Celestica Inc. | -0.00 | 0.18 | 0.26 | 94 | Technology | |
| Lynas Rare Earths Ltd ADR | 0.01 | 0.07 | — | 85 | Basic Materials | |
| Verizon Communications Inc. | 0.02 | 0.06 | — | 59 | Communication Services | |
| Triple Flag Precious Metals Corp | 0.07 | 0.15 | — | 58 | Basic Materials |
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