Looking to balance out your exposure to LEGN? The ETFs below have the lowest correlation with LEGN — they tend to move on their own, which can help reduce risk when LEGN drops. The stock ideas table highlights individual companies that behave independently from LEGN.
No Diversifiers Found for LEGN
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 LEGN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LEGN and solid risk/return profiles. The least correlated is CRISPR Therapeutics AG (CRSP) (Healthcare) with a 1Y correlation of 0.19, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CRISPR Therapeutics AG | 0.19 | 0.25 | 0.33 | 64 | Healthcare |
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