Looking to balance out your exposure to ASAZY? The ETFs below have the lowest correlation with ASAZY — they tend to move on their own, which can help reduce risk when ASAZY drops. The stock ideas table highlights individual companies that behave independently from ASAZY.
No Diversifiers Found for ASAZY
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 ASAZY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ASAZY and solid risk/return profiles. The least correlated is Banco Santander, S.A. (SAN) (Financial Services) with a 1Y correlation of 0.48, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Banco Santander, S.A. | 0.48 | 0.47 | 0.51 | 82 | Financial Services |
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