Looking to balance out your exposure to BOUYY? The ETFs below have the lowest correlation with BOUYY — they tend to move on their own, which can help reduce risk when BOUYY drops. The stock ideas table highlights individual companies that behave independently from BOUYY.
No Diversifiers Found for BOUYY
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 BOUYY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BOUYY and solid risk/return profiles. The least correlated is Tesla, Inc. (TSLA) (Consumer Cyclical) with a 1Y correlation of 0.13, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesla, Inc. | 0.13 | 0.15 | 0.13 | 55 | Consumer Cyclical |
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