Looking to balance out your exposure to LUNR? The ETFs below have the lowest correlation with LUNR — they tend to move on their own, which can help reduce risk when LUNR drops. The stock ideas table highlights individual companies that behave independently from LUNR.
Best Diversifiers for LUNR
0 ETFs have low correlation with LUNR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P 500 Quality ETF (SPHQ) (S&P 500) with a 1Y correlation of 0.32, roughly unchanged from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Quality ETF | 0.32 | 0.30 | — | 61 | S&P 500, Large Cap Blend Equities | LUNR vs SPHQ | |
| Global X NASDAQ 100 Covered Call ETF | 0.33 | 0.32 | — | 84 | Nasdaq-100, Derivative Income | LUNR vs QYLD | |
| VanEck Semiconductor ETF | 0.34 | 0.28 | — | 94 | Semiconductors, Technology Equities | LUNR vs SMH | |
| Invesco S&P 500 Momentum ETF | 0.36 | 0.33 | — | 68 | Momentum, S&P 500 | LUNR vs SPMO | |
| iShares High Yield Bond Factor ETF | 0.36 | 0.30 | — | 52 | High Yield Bonds | LUNR vs HYDB |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LUNR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LUNR and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | -0.06 | -0.06 | 72 | Consumer Defensive | |
| Verizon Communications Inc. | -0.07 | -0.03 | -0.02 | 66 | Communication Services | |
| The TJX Companies, Inc. | -0.06 | 0.12 | 0.07 | 86 | Consumer Cyclical | |
| Exxon Mobil Corporation | -0.01 | 0.02 | -0.01 | 72 | Energy | |
| Tesco PLC | 0.06 | 0.07 | 0.05 | 56 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LUNR
Add LUNR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LUNR