Looking to balance out your exposure to LWAY? The ETFs below have the lowest correlation with LWAY — they tend to move on their own, which can help reduce risk when LWAY drops. The stock ideas table highlights individual companies that behave independently from LWAY.
No Diversifiers Found for LWAY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LWAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LWAY and solid risk/return profiles. The least correlated is REX American Resources Corporation (REX) (Basic Materials) with a 1Y correlation of 0.00, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| REX American Resources Corporation | 0.00 | 0.06 | 0.08 | 96 | Basic Materials | |
| Oceaneering International, Inc. | 0.04 | 0.12 | 0.13 | 88 | Energy | |
| Celestica Inc. | 0.05 | 0.14 | 0.15 | 94 | Technology | |
| Guangdong Investment Ltd | 0.10 | 0.01 | 0.03 | 84 | Utilities | |
| IES Holdings, Inc. | 0.16 | 0.16 | 0.16 | 91 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LWAY
Add LWAY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LWAY