Looking to balance out your exposure to SYIEY? The ETFs below have the lowest correlation with SYIEY — they tend to move on their own, which can help reduce risk when SYIEY drops. The stock ideas table highlights individual companies that behave independently from SYIEY.
No Diversifiers Found for SYIEY
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 SYIEY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SYIEY and solid risk/return profiles. The least correlated is GlaxoSmithKline plc (GSK) (Healthcare) with a 1Y correlation of 0.19, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GlaxoSmithKline plc | 0.19 | 0.23 | 0.25 | 71 | Healthcare |
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