Looking to balance out your exposure to EGAN? The ETFs below have the lowest correlation with EGAN — they tend to move on their own, which can help reduce risk when EGAN drops. The stock ideas table highlights individual companies that behave independently from EGAN.
No Diversifiers Found for EGAN
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 EGAN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EGAN and solid risk/return profiles. The least correlated is Datadog, Inc. (DDOG) (Technology) with a 1Y correlation of 0.37, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Datadog, Inc. | 0.37 | 0.28 | 0.31 | 80 | Technology |
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