Looking to balance out your exposure to LUNMF? The ETFs below have the lowest correlation with LUNMF — they tend to move on their own, which can help reduce risk when LUNMF drops. The stock ideas table highlights individual companies that behave independently from LUNMF.
No Diversifiers Found for LUNMF
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 LUNMF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LUNMF and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of 0.19, roughly unchanged from 0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | 0.19 | 0.22 | — | 85 | Technology | |
| Micron Technology, Inc. | 0.29 | 0.29 | 0.32 | 99 | Technology | |
| Alamos Gold Inc. | 0.44 | 0.37 | 0.38 | 66 | Basic Materials | |
| SSR Mining Inc. | 0.46 | 0.39 | 0.40 | 87 | Basic Materials | |
| Gold Fields Limited | 0.46 | 0.36 | 0.35 | 71 | Basic Materials |
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