Looking to diversify beyond LVHD? The ETFs below have historically moved differently from LVHD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LVHD
1369 ETFs have low correlation with LVHD (below 0.3), 295 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Bloomberg Artificial Intelligence ETF | -0.28 | — | — | 55 | Artificial Intelligence, Technology Equities | LVHD vs FAI | |
| Pacer Data and Digital Revolution ETF | -0.27 | -0.01 | — | 52 | Technology Equities | LVHD vs TRFK | |
| ProShares Ultra Semiconductors | -0.27 | -0.09 | 0.12 | 58 | Leveraged Equities, Semiconductors | LVHD vs USD | |
| KraneShares Artificial Intelligence & Technology E... | -0.27 | — | — | 53 | Artificial Intelligence, Technology Equities | LVHD vs AGIX | |
| Roundhill Generative AI & Technology ETF | -0.27 | -0.03 | — | 76 | Artificial Intelligence, Technology Equities | LVHD vs CHAT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LVHD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.26, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.26 | -0.08 | 0.13 | 68 | Technology | |
| NVIDIA Corporation | -0.26 | -0.13 | 0.08 | 61 | Technology | |
| Credo Technology Group Holding Ltd | -0.25 | -0.09 | — | 77 | Technology | |
| Micron Technology, Inc. | -0.24 | -0.06 | 0.09 | 99 | Technology | |
| Western Digital Corporation | -0.23 | -0.03 | 0.18 | 99 | Technology |
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