Looking to balance out your exposure to SWMR? The ETFs below have the lowest correlation with SWMR — they tend to move on their own, which can help reduce risk when SWMR drops. The stock ideas table highlights individual companies that behave independently from SWMR.
No Diversifiers Found for SWMR
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 SWMR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWMR and solid risk/return profiles. The least correlated is Roku, Inc. (ROKU) (Communication Services) with a 1Y correlation of -0.08, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Roku, Inc. | -0.08 | -0.08 | -0.08 | 80 | Communication Services |
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