Looking to balance out your exposure to LYSDY? The ETFs below have the lowest correlation with LYSDY — they tend to move on their own, which can help reduce risk when LYSDY drops. The stock ideas table highlights individual companies that behave independently from LYSDY.
No Diversifiers Found for LYSDY
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 LYSDY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LYSDY and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.08, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.08 | 0.01 | 0.05 | 59 | Communication Services | |
| Capital Southwest Corporation | -0.04 | 0.06 | 0.17 | 76 | Financial Services | |
| Equinor ASA | -0.01 | 0.13 | 0.18 | 82 | Energy | |
| AppLovin Corporation | 0.01 | 0.11 | 0.16 | 59 | Technology | |
| Pfizer Inc. | 0.04 | 0.09 | 0.11 | 61 | Healthcare |
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