Looking to balance out your exposure to TGEN? The ETFs below have the lowest correlation with TGEN — they tend to move on their own, which can help reduce risk when TGEN drops. The stock ideas table highlights individual companies that behave independently from TGEN.
No Diversifiers Found for TGEN
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 TGEN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TGEN and solid risk/return profiles. The least correlated is Chemed Corporation (CHE) (Healthcare) with a 1Y correlation of -0.03, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chemed Corporation | -0.03 | -0.03 | 0.01 | 52 | Healthcare | |
| Mueller Industries, Inc. | 0.26 | 0.17 | 0.16 | 73 | Industrials | |
| AAON, Inc. | 0.34 | 0.23 | 0.17 | 72 | Industrials | |
| Comfort Systems USA, Inc. | 0.38 | 0.21 | 0.16 | 98 | Industrials |
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