Looking to balance out your exposure to HACBY? The ETFs below have the lowest correlation with HACBY — they tend to move on their own, which can help reduce risk when HACBY drops. The stock ideas table highlights individual companies that behave independently from HACBY.
No Diversifiers Found for HACBY
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 HACBY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HACBY and solid risk/return profiles. The least correlated is Brinker International, Inc. (EAT) (Consumer Cyclical) with a 1Y correlation of -0.08, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brinker International, Inc. | -0.08 | -0.06 | -0.03 | 52 | Consumer Cyclical | |
| Willis Lease Finance Corporation | -0.08 | -0.04 | -0.01 | 71 | Industrials | |
| Grupo Financiero Galicia S.A. | -0.07 | -0.02 | 0.01 | 54 | Financial Services | |
| UCB SA ADR | -0.06 | -0.00 | -0.01 | 74 | Healthcare | |
| Argan, Inc. | -0.05 | -0.06 | -0.02 | 92 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HACBY
Add HACBY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HACBY