Looking to balance out your exposure to SSEZY? The ETFs below have the lowest correlation with SSEZY — they tend to move on their own, which can help reduce risk when SSEZY drops. The stock ideas table highlights individual companies that behave independently from SSEZY.
Best Diversifiers for SSEZY
1 ETFs have low correlation with SSEZY (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) (S&P 500) with a 1Y correlation of 0.14, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.14 | 0.15 | 0.25 | 60 | S&P 500, Large Cap Growth Equities | SSEZY vs SPYG |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SSEZY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSEZY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Talen Energy Corporation | 0.07 | — | — | 66 | Utilities | |
| Enlight Renewable Energy Ltd. Ordinary Shares | 0.21 | 0.19 | — | 99 | Utilities | |
| Kenon Holdings Ltd. | 0.22 | 0.16 | 0.21 | 94 | Utilities | |
| AXIA Energia SA | 0.28 | 0.25 | 0.21 | 88 | Utilities | |
| Companhia de Saneamento Básico do Estado de São Pa... | 0.30 | 0.26 | 0.24 | 75 | Utilities |
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