Looking to balance out your exposure to SKHSY? The ETFs below have the lowest correlation with SKHSY — they tend to move on their own, which can help reduce risk when SKHSY drops. The stock ideas table highlights individual companies that behave independently from SKHSY.
No Diversifiers Found for SKHSY
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 SKHSY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SKHSY and solid risk/return profiles. The least correlated is UOL Group Ltd ADR (UOLGY) (Real Estate) with a 1Y correlation of 0.06, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UOL Group Ltd ADR | 0.06 | 0.12 | 0.15 | 88 | Real Estate | |
| Mitsubishi Estate Co Ltd ADR | 0.54 | 0.46 | 0.47 | 72 | Real Estate |
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