Looking to balance out your exposure to TGNA? The ETFs below have the lowest correlation with TGNA — they tend to move on their own, which can help reduce risk when TGNA drops. The stock ideas table highlights individual companies that behave independently from TGNA.
No Diversifiers Found for TGNA
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 TGNA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TGNA and solid risk/return profiles. The least correlated is Vertiv Holdings Co. (VRT) (Industrials) with a 1Y correlation of -0.02, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | -0.02 | 0.10 | 0.17 | 94 | Industrials | |
| Altria Group, Inc. | 0.05 | 0.20 | 0.22 | 69 | Consumer Defensive | |
| Chubb Limited | 0.07 | 0.15 | 0.22 | 51 | Financial Services | |
| United Therapeutics Corporation | 0.07 | 0.12 | 0.14 | 86 | Healthcare | |
| Permian Resources Corporation | 0.09 | 0.24 | — | 81 | Energy |
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