Looking to balance out your exposure to SGIOY? The ETFs below have the lowest correlation with SGIOY — they tend to move on their own, which can help reduce risk when SGIOY drops. The stock ideas table highlights individual companies that behave independently from SGIOY.
No Diversifiers Found for SGIOY
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 SGIOY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGIOY and solid risk/return profiles. The least correlated is Gilead Sciences, Inc. (GILD) (Healthcare) with a 1Y correlation of 0.19, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Gilead Sciences, Inc. | 0.19 | 0.12 | 0.16 | 63 | Healthcare |
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