Looking to balance out your exposure to SPXCY? The ETFs below have the lowest correlation with SPXCY — they tend to move on their own, which can help reduce risk when SPXCY drops. The stock ideas table highlights individual companies that behave independently from SPXCY.
No Diversifiers Found for SPXCY
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 SPXCY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPXCY and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-A) (Financial Services) with a 1Y correlation of -0.05, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.05 | 0.13 | 0.18 | 53 | Financial Services | |
| Enact Holdings, Inc. | -0.02 | 0.10 | — | 87 | Financial Services | |
| Phillips Edison & Company, Inc. | -0.01 | 0.09 | 0.15 | 90 | Real Estate | |
| Reynolds Consumer Products Inc. | 0.02 | 0.07 | 0.09 | 73 | Consumer Cyclical | |
| Concentra Group Holdings Parent, Inc | 0.02 | — | — | 89 | Healthcare |
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