Looking to balance out your exposure to SGBLY? The ETFs below have the lowest correlation with SGBLY — they tend to move on their own, which can help reduce risk when SGBLY drops. The stock ideas table highlights individual companies that behave independently from SGBLY.
No Diversifiers Found for SGBLY
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 SGBLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGBLY and solid risk/return profiles. The least correlated is Absa Group Ltd ADR (AGRPY) (Financial Services) with a 1Y correlation of 0.26, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Absa Group Ltd ADR | 0.26 | 0.27 | 0.25 | 85 | Financial Services |
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