Looking to balance out your exposure to WUXAY? The ETFs below have the lowest correlation with WUXAY — they tend to move on their own, which can help reduce risk when WUXAY drops. The stock ideas table highlights individual companies that behave independently from WUXAY.
No Diversifiers Found for WUXAY
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 WUXAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WUXAY and solid risk/return profiles. The least correlated is Teva Pharmaceutical Industries Limited (TEVA) (Healthcare) with a 1Y correlation of 0.16, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Teva Pharmaceutical Industries Limited | 0.16 | 0.10 | 0.09 | 90 | Healthcare |
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