Looking to balance out your exposure to ELUXY? The ETFs below have the lowest correlation with ELUXY — they tend to move on their own, which can help reduce risk when ELUXY drops. The stock ideas table highlights individual companies that behave independently from ELUXY.
No Diversifiers Found for ELUXY
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 ELUXY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ELUXY and solid risk/return profiles. The least correlated is Permian Resources Corporation (PR) (Energy) with a 1Y correlation of -0.03, down from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Permian Resources Corporation | -0.03 | 0.10 | — | 81 | Energy |
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