Looking to balance out your exposure to LTRX? The ETFs below have the lowest correlation with LTRX — they tend to move on their own, which can help reduce risk when LTRX drops. The stock ideas table highlights individual companies that behave independently from LTRX.
No Diversifiers Found for LTRX
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LTRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LTRX and solid risk/return profiles. The least correlated is Ondas Holdings Inc. (ONDS) (Technology) with a 1Y correlation of 0.44, up from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ondas Holdings Inc. | 0.44 | 0.27 | 0.27 | 89 | Technology |
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