Looking to balance out your exposure to SGRY? The ETFs below have the lowest correlation with SGRY — they tend to move on their own, which can help reduce risk when SGRY drops. The stock ideas table highlights individual companies that behave independently from SGRY.
No Diversifiers Found for SGRY
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 SGRY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGRY and solid risk/return profiles. The least correlated is Brookdale Senior Living Inc. (BKD) (Healthcare) with a 1Y correlation of 0.09, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brookdale Senior Living Inc. | 0.09 | 0.26 | 0.35 | 86 | Healthcare | |
| Welltower Inc. | 0.10 | 0.19 | 0.27 | 79 | Real Estate | |
| Advanced Micro Devices, Inc. | 0.15 | 0.17 | 0.27 | 98 | Technology | |
| National HealthCare Corporation | 0.25 | 0.26 | 0.29 | 92 | Healthcare | |
| The Ensign Group, Inc. | 0.29 | 0.37 | 0.44 | 52 | Healthcare |
Build a portfolio that complements SGRY
Add SGRY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SGRY