Looking to diversify beyond LTL? The ETFs below have the lowest correlation with LTL — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LTL.
Best Diversifiers for LTL
279 ETFs have low correlation with LTL (below 0.3), 48 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | -0.05 | 0.07 | 71 | Oil & Gas | LTL vs DBE | |
| United States Brent Oil Fund LP | -0.20 | -0.05 | 0.06 | 65 | Oil & Gas | LTL vs BNO | |
| Invesco DB Oil Fund | -0.18 | -0.03 | 0.07 | 65 | Oil & Gas | LTL vs DBO | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.01 | 0.01 | 100 | Ultrashort Bond | LTL vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.14 | -0.06 | -0.02 | 100 | Government Bonds, Ultrashort Bond | LTL vs BIL |
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