Looking to balance out your exposure to SNPHY? The ETFs below have the lowest correlation with SNPHY — they tend to move on their own, which can help reduce risk when SNPHY drops. The stock ideas table highlights individual companies that behave independently from SNPHY.
No Diversifiers Found for SNPHY
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 SNPHY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SNPHY and solid risk/return profiles. The least correlated is Vertiv Holdings Co. (VRT) (Industrials) with a 1Y correlation of 0.10, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | 0.10 | -0.01 | 0.06 | 94 | Industrials |
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