Looking to balance out your exposure to SWGAY? The ETFs below have the lowest correlation with SWGAY — they tend to move on their own, which can help reduce risk when SWGAY drops. The stock ideas table highlights individual companies that behave independently from SWGAY.
No Diversifiers Found for SWGAY
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 SWGAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWGAY and solid risk/return profiles. The least correlated is Compagnie Financiere Richemont (CFRUY) (Consumer Cyclical) with a 1Y correlation of 0.65, roughly unchanged from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Compagnie Financiere Richemont | 0.65 | 0.61 | 0.69 | 53 | Consumer Cyclical |
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