Looking to balance out your exposure to AFYA? The ETFs below have the lowest correlation with AFYA — they tend to move on their own, which can help reduce risk when AFYA drops. The stock ideas table highlights individual companies that behave independently from AFYA.
No Diversifiers Found for AFYA
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 AFYA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AFYA and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.01, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.01 | 0.10 | 0.21 | 80 | Technology | |
| AngloGold Ashanti Limited | 0.14 | 0.12 | 0.12 | 83 | Basic Materials | |
| Kennametal Inc. | 0.14 | 0.21 | 0.23 | 75 | Industrials | |
| Universal Technical Institute, Inc. | 0.18 | 0.22 | 0.21 | 56 | Consumer Defensive |
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