6 Stocks and 94 ETFs for diversifying Consolidated Edison (ED)
The least correlated asset to Consolidated Edison (ED) is ETF JXX (JANUS HENDERSON TRANSFORMATIONAL GROWTH ETF). The correlation is -0.8146.
Stocks that lowly correlated with ED
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| BBNX | Beta Bionics Inc | $518M | Healthcare | Medical Devices | -0.75 |
| SAIL | Sailpoint Inc | $8.77B | Technology | Software - Infrastructure | -0.70 |
| DXF | N/A | $2.89M | Financial Services | Credit Services | -0.70 |
| ETH | Grayscale Investments LLC | $1.77B | N/A | N/A | -0.68 |
| SION | Sionna Therapeutics Inc | $1.96B | Healthcare | Biotechnology | -0.68 |
| ICON | Icon Energy Corp | $245 | Industrials | Marine Shipping | -0.67 |