Looking to balance out your exposure to SEMR? The ETFs below have the lowest correlation with SEMR — they tend to move on their own, which can help reduce risk when SEMR drops. The stock ideas table highlights individual companies that behave independently from SEMR.
No Diversifiers Found for SEMR
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 SEMR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SEMR and solid risk/return profiles. The least correlated is Carnival Corporation & Plc (CUK) (Consumer Cyclical) with a 1Y correlation of 0.34, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Carnival Corporation & Plc | 0.34 | 0.35 | 0.36 | 73 | Consumer Cyclical |
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