Looking to balance out your exposure to SAGE? The ETFs below have the lowest correlation with SAGE — they tend to move on their own, which can help reduce risk when SAGE drops. The stock ideas table highlights individual companies that behave independently from SAGE.
Best Diversifiers for SAGE
1 ETFs have low correlation with SAGE (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.04, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.05 | 0.18 | 0.33 | 74 | S&P 500 | SAGE vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SAGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SAGE and solid risk/return profiles. The least correlated is Halozyme Therapeutics, Inc. (HALO) (Healthcare) with a 1Y correlation of -0.13, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Halozyme Therapeutics, Inc. | -0.13 | 0.17 | 0.32 | 68 | Healthcare | |
| Arrowhead Pharmaceuticals, Inc. | -0.01 | 0.27 | 0.42 | 98 | Healthcare | |
| Intellia Therapeutics, Inc. | 0.02 | 0.31 | 0.43 | 68 | Healthcare |
Build a portfolio that complements SAGE
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