Looking to balance out your exposure to ARZGY? The ETFs below have the lowest correlation with ARZGY — they tend to move on their own, which can help reduce risk when ARZGY drops. The stock ideas table highlights individual companies that behave independently from ARZGY.
No Diversifiers Found for ARZGY
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 ARZGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARZGY and solid risk/return profiles. The least correlated is Telenor ASA ADR (TELNY) (Communication Services) with a 1Y correlation of 0.22, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Telenor ASA ADR | 0.22 | 0.25 | 0.30 | 55 | Communication Services | |
| SwissCom AG | 0.27 | 0.24 | 0.25 | 79 | Communication Services | |
| Itaú Unibanco Holding S.A. | 0.27 | 0.31 | 0.31 | 67 | Financial Services | |
| Swiss Life Holding AG ADR | 0.48 | 0.38 | 0.35 | 51 | Financial Services | |
| Allianz SE ADR | 0.70 | 0.69 | 0.64 | 56 | Financial Services |
Build a portfolio that complements ARZGY
Add ARZGY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ARZGY