Looking to balance out your exposure to SGPYY? The ETFs below have the lowest correlation with SGPYY — they tend to move on their own, which can help reduce risk when SGPYY drops. The stock ideas table highlights individual companies that behave independently from SGPYY.
No Diversifiers Found for SGPYY
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 SGPYY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGPYY and solid risk/return profiles. The least correlated is Shell plc (SHEL) (Energy) with a 1Y correlation of -0.06, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Shell plc | -0.06 | 0.05 | 0.07 | 80 | Energy | |
| AstraZeneca PLC | -0.00 | 0.11 | 0.19 | 70 | Healthcare | |
| GlaxoSmithKline plc | 0.01 | 0.12 | 0.18 | 68 | Healthcare | |
| United Utilities Group PLC ADR | 0.06 | 0.15 | 0.25 | 64 | Utilities | |
| Rio Tinto Group | 0.06 | 0.20 | 0.21 | 94 | Basic Materials |
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