Looking to balance out your exposure to FREY? The ETFs below have the lowest correlation with FREY — they tend to move on their own, which can help reduce risk when FREY drops. The stock ideas table highlights individual companies that behave independently from FREY.
No Diversifiers Found for FREY
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 FREY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FREY and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.17, roughly unchanged from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.17 | -0.08 | — | 57 | Utilities | |
| General Electric Company | 0.08 | 0.19 | — | 69 | Industrials | |
| Corning Incorporated | 0.21 | 0.26 | — | 98 | Technology | |
| Albemarle Corporation | 0.24 | 0.37 | — | 92 | Basic Materials | |
| XPLR Infrastructure LP | 0.26 | 0.30 | — | 72 | Utilities |
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