Looking to balance out your exposure to TROO? The ETFs below have the lowest correlation with TROO — they tend to move on their own, which can help reduce risk when TROO drops. The stock ideas table highlights individual companies that behave independently from TROO.
No Diversifiers Found for TROO
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 TROO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TROO and solid risk/return profiles. The least correlated is Ondas Holdings Inc. (ONDS) (Technology) with a 1Y correlation of 0.06, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ondas Holdings Inc. | 0.06 | 0.05 | 0.06 | 84 | Technology |
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