Looking to balance out your exposure to SLNH? The ETFs below have the lowest correlation with SLNH — they tend to move on their own, which can help reduce risk when SLNH drops. The stock ideas table highlights individual companies that behave independently from SLNH.
No Diversifiers Found for SLNH
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 SLNH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SLNH and solid risk/return profiles. The least correlated is Bitdeer Technologies Group Class A Ordinary Shares (BTDR) (Technology) with a 1Y correlation of 0.39, roughly unchanged from 0.31 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bitdeer Technologies Group Class A Ordinary Shares | 0.39 | 0.31 | — | 58 | Technology | |
| TeraWulf Inc. | 0.43 | 0.38 | 0.35 | 97 | Financial Services | |
| Keel Infrastructure Corporation | 0.45 | 0.42 | 0.45 | 94 | Financial Services | |
| Riot Blockchain, Inc. | 0.46 | 0.41 | 0.45 | 86 | Technology | |
| Cipher Mining Inc. | 0.49 | 0.40 | — | 96 | Financial Services |
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