Looking to balance out your exposure to SKIN? The ETFs below have the lowest correlation with SKIN — they tend to move on their own, which can help reduce risk when SKIN drops. The stock ideas table highlights individual companies that behave independently from SKIN.
No Diversifiers Found for SKIN
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 SKIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SKIN and solid risk/return profiles. The least correlated is UnitedHealth Group Incorporated (UNH) (Healthcare) with a 1Y correlation of 0.28, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UnitedHealth Group Incorporated | 0.28 | 0.12 | 0.12 | 67 | Healthcare |
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