Looking to balance out your exposure to LVS? The ETFs below have the lowest correlation with LVS — they tend to move on their own, which can help reduce risk when LVS drops. The stock ideas table highlights individual companies that behave independently from LVS.
Best Diversifiers for LVS
5 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 0.05, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.05 | 0.20 | 0.27 | 63 | Energy Equities | LVS vs XLE | |
| Vanguard FTSE Developed Markets ETF | 0.28 | 0.38 | 0.44 | 59 | Foreign Large Cap Equities | LVS vs VEA | |
| iShares Core MSCI Emerging Markets ETF | 0.29 | 0.42 | 0.48 | 79 | Emerging Markets Diversified | LVS vs IEMG | |
| Vanguard S&P 500 Growth ETF | 0.29 | 0.30 | 0.37 | 58 | S&P 500, Large Cap Growth Equities | LVS vs VOOG | |
| Vanguard Total International Stock ETF | 0.29 | 0.41 | 0.47 | 60 | Global Equities | LVS vs VXUS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LVS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LVS 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 | 0.05 | 0.11 | 69 | Consumer Defensive | |
| Suncor Energy Inc. | -0.07 | 0.12 | 0.23 | 95 | Energy | |
| Scorpio Tankers Inc. | 0.01 | 0.13 | 0.17 | 89 | Energy | |
| The Coca-Cola Company | 0.01 | 0.11 | 0.13 | 66 | Consumer Defensive | |
| AbbVie Inc. | 0.02 | 0.12 | 0.10 | 62 | Healthcare |
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Build a portfolio that complements LVS
Add LVS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LVS