Looking to balance out your exposure to MIESY? The ETFs below have the lowest correlation with MIESY — they tend to move on their own, which can help reduce risk when MIESY drops. The stock ideas table highlights individual companies that behave independently from MIESY.
No Diversifiers Found for MIESY
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 MIESY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MIESY and solid risk/return profiles. The least correlated is Impala Platinum Holdings Ltd (IMPUF) (Basic Materials) with a 1Y correlation of -0.11, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Impala Platinum Holdings Ltd | -0.11 | -0.08 | -0.06 | 77 | Basic Materials | |
| Jade Biosciences, Inc | -0.07 | -0.02 | — | 83 | Healthcare | |
| Anglo American Platinum ADR | -0.06 | -0.05 | -0.02 | 80 | Basic Materials | |
| Sibanye Stillwater Limited | -0.03 | -0.06 | -0.02 | 72 | Basic Materials | |
| Barrick Mining Corporation | -0.01 | -0.03 | -0.00 | 88 | Basic Materials |
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