Looking to balance out your exposure to XWEL? The ETFs below have the lowest correlation with XWEL — they tend to move on their own, which can help reduce risk when XWEL drops. The stock ideas table highlights individual companies that behave independently from XWEL.
No Diversifiers Found for XWEL
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 XWEL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XWEL and solid risk/return profiles. The least correlated is TMC the metals company Inc. (TMC) (Basic Materials) with a 1Y correlation of 0.10, roughly unchanged from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TMC the metals company Inc. | 0.10 | 0.07 | — | 53 | Basic Materials |
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