Looking to balance out your exposure to LULU? The ETFs below have the lowest correlation with LULU — they tend to move on their own, which can help reduce risk when LULU drops. The stock ideas table highlights individual companies that behave independently from LULU.
Best Diversifiers for LULU
96 ETFs have low correlation with LULU (below 0.3), 17 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.23 | -0.07 | 0.01 | 66 | Oil & Gas | LULU vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.23 | -0.07 | 0.02 | 54 | Leveraged Commodities | LULU vs UCO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.20 | -0.04 | 0.04 | 76 | Commodities | LULU vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.20 | -0.03 | 0.05 | 76 | Commodities | LULU vs DBC | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | LULU vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LULU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LULU and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.21, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | -0.05 | 0.01 | 73 | Consumer Defensive | |
| Suncor Energy Inc. | -0.17 | 0.02 | 0.12 | 96 | Energy | |
| Exxon Mobil Corporation | -0.14 | 0.01 | 0.10 | 86 | Energy | |
| British American Tobacco p.l.c. | -0.12 | 0.02 | 0.05 | 77 | Consumer Defensive | |
| Cboe Global Markets, Inc. | -0.10 | -0.10 | 0.10 | 71 | Financial Services |
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