Looking to balance out your exposure to TYRA? The ETFs below have the lowest correlation with TYRA — they tend to move on their own, which can help reduce risk when TYRA drops. The stock ideas table highlights individual companies that behave independently from TYRA.
No Diversifiers Found for TYRA
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 TYRA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TYRA and solid risk/return profiles. The least correlated is FIGS, Inc. (FIGS) (Consumer Cyclical) with a 1Y correlation of 0.08, down from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| FIGS, Inc. | 0.08 | 0.20 | — | 91 | Consumer Cyclical | |
| Fastly, Inc. | 0.09 | 0.22 | — | 84 | Technology | |
| Lumentum Holdings Inc. | 0.10 | 0.16 | — | 99 | Technology | |
| Applied Optoelectronics, Inc. | 0.12 | 0.21 | — | 98 | Technology | |
| FormFactor, Inc. | 0.13 | 0.18 | — | 96 | Technology |
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