Looking to balance out your exposure to THR? The ETFs below have the lowest correlation with THR — they tend to move on their own, which can help reduce risk when THR drops. The stock ideas table highlights individual companies that behave independently from THR.
No Diversifiers Found for THR
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 THR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THR and solid risk/return profiles. The least correlated is Gates Industrial Corporation plc (GTES) (Industrials) with a 1Y correlation of 0.40, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Gates Industrial Corporation plc | 0.40 | 0.47 | 0.50 | 53 | Industrials |
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