Looking to balance out your exposure to LVS? The ETFs below have historically moved differently from LVS, 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 LVS
9 ETFs have low correlation with LVS (below 0.3), 0 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of 0.01, down from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.01 | 0.17 | 0.25 | 76 | Energy Equities | LVS vs XLE | |
| iShares MSCI EAFE ETF | 0.23 | 0.34 | 0.41 | 68 | Foreign Large Cap Equities | LVS vs EFA | |
| Vanguard FTSE Developed Markets ETF | 0.23 | 0.35 | 0.42 | 75 | Foreign Large Cap Equities | LVS vs VEA | |
| iShares Core MSCI Emerging Markets ETF | 0.24 | 0.38 | 0.47 | 60 | Emerging Markets Equities | LVS vs IEMG | |
| Vanguard Total International Stock ETF | 0.25 | 0.37 | 0.45 | 71 | Global Equities | LVS vs VXUS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LVS, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.07 | 0.04 | 0.10 | 66 | Consumer Defensive | |
| Suncor Energy Inc. | -0.06 | 0.10 | 0.21 | 94 | Energy | |
| Lockheed Martin Corporation | -0.04 | 0.05 | 0.07 | 80 | Industrials | |
| Energy Transfer LP | -0.02 | 0.14 | 0.25 | 81 | Energy | |
| AbbVie Inc. | -0.01 | 0.13 | 0.10 | 81 | Healthcare |
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Build a portfolio that complements LVS
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