Looking to balance out your exposure to THNPY? The ETFs below have the lowest correlation with THNPY — they tend to move on their own, which can help reduce risk when THNPY drops. The stock ideas table highlights individual companies that behave independently from THNPY.
No Diversifiers Found for THNPY
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 THNPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THNPY and solid risk/return profiles. The least correlated is International Business Machines Corporation (IBM) (Technology) with a 1Y correlation of 0.05, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| International Business Machines Corporation | 0.05 | 0.08 | 0.16 | 53 | Technology |
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