Looking to balance out your exposure to TSCDY? The ETFs below have the lowest correlation with TSCDY — they tend to move on their own, which can help reduce risk when TSCDY drops. The stock ideas table highlights individual companies that behave independently from TSCDY.
No Diversifiers Found for TSCDY
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 TSCDY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSCDY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.03, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.03 | 0.03 | 0.09 | 85 | Energy | |
| Broadcom Inc. | -0.02 | 0.04 | 0.14 | 84 | Technology | |
| EOG Resources, Inc. | -0.02 | 0.01 | 0.09 | 69 | Energy | |
| Enterprise Products Partners L.P. | 0.03 | 0.11 | 0.17 | 85 | Energy | |
| Alphabet Inc. Class A | 0.04 | 0.08 | 0.17 | 96 | Communication Services |
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