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.
No Diversifiers Found for SSEZY
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 SSEZY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSEZY and solid risk/return profiles. The least correlated is Talen Energy Corporation (TLN) (Utilities) with a 1Y correlation of 0.06, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Talen Energy Corporation | 0.06 | 0.08 | 0.08 | 68 | Utilities | |
| Enlight Renewable Energy Ltd. Ordinary Shares | 0.22 | 0.19 | — | 98 | Utilities | |
| Kenon Holdings Ltd. | 0.23 | 0.16 | 0.20 | 86 | Utilities | |
| Fortis Inc | 0.28 | 0.45 | 0.43 | 90 | Utilities | |
| AXIA Energia SA | 0.30 | 0.26 | 0.22 | 91 | Utilities |
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