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
1058 ETFs have low correlation with LVHD (below 0.3), 113 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.25, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.25 | -0.19 | -0.14 | 63 | Leveraged Currency | LVHD vs YCS | |
| ProShares Ultra Semiconductors | -0.22 | -0.05 | 0.14 | 82 | Leveraged Equities, Semiconductors | LVHD vs USD | |
| First Trust Bloomberg Artificial Intelligence ETF | -0.20 | — | — | 64 | Technology Equities | LVHD vs FAI | |
| GraniteShares 2x Long MU Daily ETF | -0.18 | — | — | 98 | Leveraged Equities | LVHD vs MULL | |
| Roundhill Generative AI & Technology ETF | -0.18 | 0.01 | — | 89 | Technology Equities | LVHD vs CHAT |
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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 -0.21, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.21 | -0.11 | 0.06 | 72 | Technology | |
| Credo Technology Group Holding Ltd | -0.18 | -0.05 | 0.05 | 88 | Technology | |
| CrowdStrike Holdings, Inc. | -0.17 | -0.02 | 0.07 | 65 | Technology | |
| Micron Technology, Inc. | -0.17 | -0.03 | 0.12 | 99 | Technology | |
| Palo Alto Networks, Inc. | -0.15 | 0.03 | 0.12 | 69 | Technology |
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Build a portfolio that complements LVHD
Add LVHD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LVHD