Looking to balance out your exposure to SSYS? The ETFs below have the lowest correlation with SSYS — they tend to move on their own, which can help reduce risk when SSYS drops. The stock ideas table highlights individual companies that behave independently from SSYS.
No Diversifiers Found for SSYS
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 SSYS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSYS and solid risk/return profiles. The least correlated is Sonoco Products Company (SON) (Consumer Cyclical) with a 1Y correlation of 0.26, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sonoco Products Company | 0.26 | 0.29 | 0.26 | 67 | Consumer Cyclical | |
| D.R. Horton, Inc. | 0.28 | 0.25 | 0.31 | 65 | Consumer Cyclical | |
| Seagate Technology plc | 0.31 | 0.28 | 0.34 | 99 | Technology | |
| Arista Networks, Inc. | 0.31 | 0.27 | 0.34 | 78 | Technology | |
| Extreme Networks, Inc. | 0.32 | 0.37 | 0.42 | 79 | Technology |
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