Looking to diversify beyond LVHD? The ETFs below have the lowest correlation with LVHD — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LVHD.
Best Diversifiers for LVHD
1091 ETFs have low correlation with LVHD (below 0.3), 104 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.26, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.26 | -0.19 | -0.14 | 61 | Leveraged Currency | LVHD vs YCS | |
| REX NVDA Growth & Income ETF | -0.20 | -0.20 | -0.20 | 52 | Derivative Income | LVHD vs NVII | |
| YieldMax NVDA Option Income Strategy ETF | -0.20 | -0.10 | — | 52 | Derivative Income, Options Trading | LVHD vs NVDY | |
| Alger AI Enablers & Adopters ETF | -0.14 | — | — | 70 | Technology Equities | LVHD vs ALAI | |
| ProShares Ultra Semiconductors | -0.12 | -0.05 | 0.12 | 90 | Leveraged Equities, Semiconductors | LVHD vs USD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LVHD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LVHD and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.17, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.17 | -0.11 | 0.07 | 78 | Technology | |
| Credo Technology Group Holding Ltd | -0.16 | -0.04 | 0.06 | 85 | Technology | |
| Oracle Corporation | -0.16 | 0.05 | 0.21 | 58 | Technology | |
| CrowdStrike Holdings, Inc. | -0.12 | -0.00 | 0.08 | 70 | Technology | |
| Palo Alto Networks, Inc. | -0.10 | 0.04 | 0.13 | 67 | Technology |
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Build a portfolio that complements LVHD
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Analyze a portfolio with LVHD