Looking to diversify beyond LYLD? The ETFs below have the lowest correlation with LYLD — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LYLD.
Best Diversifiers for LYLD
328 ETFs have low correlation with LYLD (below 0.3), 13 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.25, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.25 | -0.30 | -0.30 | 52 | Cryptocurrency | LYLD vs BITI | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | LYLD vs CSHP | |
| Invesco DB Energy Fund | -0.06 | — | — | 57 | Oil & Gas | LYLD vs DBE | |
| TCW AAA CLO ETF | -0.04 | — | — | 99 | CLO | LYLD vs ACLO | |
| Calvert Ultra-Short Investment Grade ETF | -0.03 | -0.02 | -0.02 | 99 | Ultrashort Bond | LYLD vs CVSB |
See all 1148 diversifiers for LYLD
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