Skip to main content

Want a detailed portfolio tracker?

38 Stocks and 62 ETFs for diversifying Luminar Technologies (LAZR)

The least correlated asset to Luminar Technologies (LAZR) is ETF IONZ (Defiance Daily Target 2x Short IONQ ETF). The correlation is -0.8325.

Stocks that lowly correlated with LAZR

SymbolName
Market cap
SectorIndustry
Correlation
CGTLCreative Global Technology Holdings Ltd$9.77MConsumer CyclicalSpecialty Retail-0.72
AMRZAmrize Ltd$30BBasic MaterialsBuilding Materials-0.68
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.66
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.62
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.60
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.60
WSBKWinchester Bancorp Inc$120MFinancial ServicesBanks - Regional-0.59
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.59
LSBKLake Shore Bancorp Inc$132MFinancial ServicesBanks - Regional-0.59
INRInfinity Natural Resources Inc - Class A$228MEnergyOil & Gas E&p-0.59
COLAUColumbus Acquisition Corp - Units ( Ord Cls A & 1 Rts)$62MFinancial ServicesShell Companies-0.57
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.57
FBGLFBS Global Ltd$7.16MIndustrialsEngineering & Construction-0.53
DLXYDelixy Holdings Ltd$6.66MEnergyOil & Gas Refining & Marketing-0.49
ASICAtegrity Specialty Holdings LLC$1.06BFinancial ServicesInsurance - Property & Casualty-0.49
CMDBCostamare Bulkers Holdings Ltd$430MIndustrialsMarine Shipping-0.49
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$249MFinancial ServicesShell Companies-0.47
JCAPJefferson Capital Inc$999MFinancial ServicesCredit Services-0.46
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.46
BKVBKV Corp$2.82BEnergyOil & Gas E&p-0.45
ALMSAlumis Inc$3.11BHealthcareBiotechnology-0.45
ANLAdlai Nortye Ltd$317MHealthcareBiotechnology-0.44
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.42
GCIGannett Co., Inc.$1.41BCommunication ServicesPublishing-0.42
HLNHaleon plc$41BHealthcareDrug Manufacturers - Specialty & Generic-0.42
AUGOAura Minerals Inc$4.79BBasic MaterialsGold-0.40
LBGJLi Bang International Corp Inc$189KIndustrialsSpecialty Industrial Machinery-0.39
RHLDResolute Holdings Management Inc$1.01BIndustrialsSpecialty Business Services-0.39
GLIBKGCI Liberty Inc$806MCommunication ServicesTelecom Services-0.39
SOJFSouthern Company$28BN/AN/A-0.39
MAMKMaxsMaking Inc - Class A$216MIndustrialsConglomerates-0.37
NOEMCO2 Energy Transition Corp$72MFinancial ServicesShell Companies-0.36
KFIIUK&F Growth Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$315MFinancial ServicesShell Companies-0.35
GXAIGaxos.AI Inc$12MCommunication ServicesElectronic Gaming & Multimedia-0.35
QSEARQuartzsea Acquisition Corp$654KN/AN/A-0.34
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.34
SCAGScage Future$27MIndustrialsFarm & Heavy Construction Machinery-0.34
PLMIPlum Acquisition Corp I - Class A$192MN/AN/A-0.33

ETFs that lowly correlated with LAZR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
IONZDefiance Daily Target 2x Short IONQ ETF$17MN/AJun 23, 2025-0.83
PALDDirexion Daily PANW Bear 1X Shares$1.50M1.02%Feb 10, 2025-0.72
ORRMILITIA LONG/SHORT EQUITY ETF $367M10.91%Jan 14, 2025-0.71
TEXXHORIZON KINETICS TEXAS ETF $2.90M0.85%Jan 21, 2026-0.70
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $60M0.15%Jul 22, 2025-0.69
XOMXDirexion Daily XOM Bull 2X Shares$9MN/AApr 22, 2025-0.65
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.63
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.62
DVXPWEBs Defined Volatility XLP ETF$248K0.89%Jul 22, 2025-0.62
XLSISTATE STREET(R) CONSUMER STAPLES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $4.40M0.35%Jul 29, 2025-0.57
DVXBWEBs Defined Volatility XLB ETF$280K0.89%Jul 22, 2025-0.57
TURFT. ROWE PRICE NATURAL RESOURCES ETF $120M0.44%Jun 11, 2025-0.57
PLTZDefiance Daily Target 2x Short PLTR ETF$15MN/AJun 5, 2025-0.57
DIVNHORIZON DIVIDEND INCOME ETF $155M0.70%Jun 25, 2025-0.56
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $2M0.15%Jul 22, 2025-0.56
BILTiShares Infrastructure Active ETF$30M0.60%Jul 29, 2025-0.55
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $41M0.59%May 13, 2025-0.55
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $13MN/ASep 4, 2024-0.54
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.30MN/AMar 31, 2025-0.52
BLUIBLUEMONTE DIVERSIFIED INCOME ETF $102M0.75%Jun 20, 2025-0.52
IAUINEOS GOLD HIGH INCOME ETF $472M0.79%Jun 4, 2025-0.52
GSKHGSK PLC ADRHEDGED $711K0.19%Jan 6, 2025-0.52
WNTRYieldMax Short MSTR Option Income Strategy ETF$67M1.00%Mar 26, 2025-0.51
AUSMAllspring Ultra Short Municipal ETF$31M0.18%Jul 7, 2025-0.51
TIIVAAM TODD INTERNATIONAL INTRINSIC VALUE ETF $31M0.54%Jul 24, 2025-0.51
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $28M1.03%Feb 11, 2025-0.50
BRKWROUNDHILL BRKB WEEKLYPAY ETF $15MN/AJun 17, 2025-0.49
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $7M1.01%Jun 4, 2025-0.49
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$30M0.35%Jul 29, 2025-0.48
TNGYTORTOISE ENERGY ETF $532M0.85%Dec 27, 2010-0.47
MBSXREGAN FIXED RATE MBS ETF $17M0.40%Apr 30, 2025-0.46
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $23M0.97%Jul 14, 2025-0.46
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $2MN/AJun 9, 2025-0.45
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $36M1.05%Jul 9, 2024-0.45
QCMDDirexion Daily QCOM Bear 1X ETF$2.30M1.00%Jun 24, 2025-0.45
DVINWEBs Defined Volatility XLI ETF$292K0.89%Jul 22, 2025-0.43
PIPEInvesco SteelPath MLP & Energy Infrastructure ETF$63M0.75%Feb 18, 2025-0.43
LENSSARMAYA THEMATIC ETF $53M0.79%Jan 28, 2025-0.43
DEFRAPTUS DEFERRED INCOME ETF$122M0.79%May 13, 2025-0.42
GEVXTradr 2X Long GEV Daily ETF$36MN/AJul 10, 2025-0.42
GLDNNICHOLAS GOLD INCOME ETF $2.60M1.07%Feb 17, 2026-0.42
KGLDKurv Gold Enhanced Income ETF$101M1.00%Jul 7, 2025-0.42
KEATKEATING ACTIVE ETF $123M0.85%Mar 26, 2024-0.42
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $29MN/AJul 9, 2024-0.42
NBJPNEUBERGER BERMAN JAPAN EQUITY ETF $151M0.50%Sep 11, 2024-0.41
GUMIGOLDMAN SACHS ULTRA SHORT MUNICIPAL INCOME ETF $40M0.16%Jul 23, 2024-0.40
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.10MN/AMay 15, 2024-0.40
SBITProShares UltraShort Bitcoin ETF$204MN/AApr 1, 2024-0.40
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $14M1.02%Sep 6, 2022-0.39
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $63M3.62%Jan 26, 2011-0.39
XLBISTATE STREET(R) MATERIALS SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $6.70M0.35%Jul 29, 2025-0.38
FTKIFIRST TRUST SMALL CAP BUYWRITE INCOME ETF $24M0.86%Feb 25, 2025-0.38
IBTQISHARES IBONDS DEC 2035 TERM TREASURY ETF $228M0.07%Mar 25, 2025-0.37
QIDPROSHARES ULTRASHORT QQQ $236MN/AJul 11, 2006-0.37
DABSDOUBLELINE ASSET-BACKED SECURITIES ETF $138M0.40%Feb 28, 2025-0.36
CGIBCAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS$256M0.45%Jun 25, 2024-0.36
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.36
BLSTBLUEMONTE SHORT TERM BOND ETF $161M0.23%Jun 20, 2025-0.36
MMSDIQ MACKAY MUNICIPAL SHORT DURATION ETF $68M0.25%May 5, 2025-0.36
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $39M0.12%Sep 9, 2024-0.36
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $276M0.07%Jun 11, 2024-0.35
GENWGENTER CAPITAL INTERNATIONAL DIVIDEND ETF $4.90M0.38%Jan 13, 2025-0.34