Looking to balance out your exposure to XGN? The ETFs below have the lowest correlation with XGN — they tend to move on their own, which can help reduce risk when XGN drops. The stock ideas table highlights individual companies that behave independently from XGN.
No Diversifiers Found for XGN
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 XGN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XGN and solid risk/return profiles. The least correlated is Alliance Entertainment Holding Corporation Class A Common Stock (AENT) (Communication Services) with a 1Y correlation of 0.06, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alliance Entertainment Holding Corporation Class A... | 0.06 | 0.03 | 0.02 | 66 | Communication Services |
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