Looking to balance out your exposure to LYB? The ETFs below have the lowest correlation with LYB — they tend to move on their own, which can help reduce risk when LYB drops. The stock ideas table highlights individual companies that behave independently from LYB.
Best Diversifiers for LYB
8 ETFs have low correlation with LYB (below 0.3), 5 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO ETF Trust - PIMCO Multisector Bond Active Ex... | -0.08 | — | — | 66 | Multisector Bonds | LYB vs PYLD | |
| Vanguard S&P 500 Growth ETF | -0.05 | 0.13 | 0.26 | 58 | S&P 500, Large Cap Growth Equities | LYB vs VOOG | |
| JPMorgan Income ETF | -0.05 | 0.11 | — | 93 | Multisector Bonds | LYB vs JPIE | |
| Invesco QQQ ETF | -0.01 | 0.15 | 0.25 | 73 | Nasdaq-100 | LYB vs QQQ | |
| VanEck Vectors Investment Grade Floating Rate ETF | -0.01 | 0.08 | 0.14 | 99 | Corporate Bonds | LYB vs FLTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LYB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LYB and solid risk/return profiles. The least correlated is Sandoz Group AG (SDZNY) (Healthcare) with a 1Y correlation of -0.06, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sandoz Group AG | -0.06 | -0.05 | -0.05 | 84 | Healthcare | |
| Corning Incorporated | -0.06 | 0.17 | 0.33 | 98 | Technology | |
| Banco de Chile | -0.04 | 0.12 | 0.23 | 66 | Financial Services | |
| Ackermans & Van Haaren NV ADR | -0.04 | -0.05 | -0.05 | 94 | Industrials | |
| HSBC Holdings plc | -0.03 | 0.18 | 0.34 | 90 | Financial Services |
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