Looking to balance out your exposure to TUYA? The ETFs below have the lowest correlation with TUYA — they tend to move on their own, which can help reduce risk when TUYA drops. The stock ideas table highlights individual companies that behave independently from TUYA.
No Diversifiers Found for TUYA
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 TUYA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TUYA and solid risk/return profiles. The least correlated is Telefonaktiebolaget LM Ericsson (publ) (ERIC) (Technology) with a 1Y correlation of 0.14, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Telefonaktiebolaget LM Ericsson (publ) | 0.14 | 0.19 | 0.22 | 85 | Technology | |
| United States Antimony Corporation | 0.20 | 0.14 | 0.15 | 82 | Basic Materials |
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