Looking to balance out your exposure to LVMUY? The ETFs below have the lowest correlation with LVMUY — they tend to move on their own, which can help reduce risk when LVMUY drops. The stock ideas table highlights individual companies that behave independently from LVMUY.
Best Diversifiers for LVMUY
7 ETFs have low correlation with LVMUY (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of 0.20, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | 0.20 | 0.25 | 0.38 | 84 | Leveraged Equities, Semiconductors | LVMUY vs USD | |
| VanEck Semiconductor ETF | 0.23 | 0.30 | 0.41 | 95 | Semiconductors, Technology Equities | LVMUY vs SMH | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.23 | 0.31 | 0.41 | 97 | Leveraged Equities, Semiconductors | LVMUY vs SOXL | |
| iShares Floating Rate Bond ETF | 0.26 | 0.19 | 0.20 | 99 | Ultrashort Bond, Corporate Bonds | LVMUY vs FLOT | |
| ProShares Ultra Technology | 0.26 | 0.31 | 0.43 | 65 | Leveraged Equities | LVMUY vs ROM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LVMUY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LVMUY and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.09, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.09 | 0.03 | 0.11 | 78 | Consumer Defensive | |
| Chevron Corporation | -0.08 | 0.06 | 0.13 | 72 | Energy | |
| Exxon Mobil Corporation | -0.07 | 0.04 | 0.12 | 75 | Energy | |
| Enterprise Products Partners L.P. | -0.06 | 0.11 | 0.19 | 85 | Energy | |
| BP p.l.c. | -0.05 | 0.14 | 0.21 | 74 | Energy |
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