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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

SymbolName
Market cap
SectorIndustry
Correlation
BBNXBeta Bionics Inc$518MHealthcareMedical Devices-0.75
SAILSailpoint Inc$8.77BTechnologySoftware - Infrastructure-0.70
DXFN/A$2.89MFinancial ServicesCredit Services-0.70
ETHGrayscale Investments LLC$1.77BN/AN/A-0.68
SIONSionna Therapeutics Inc$1.96BHealthcareBiotechnology-0.68
ICONIcon Energy Corp$245IndustrialsMarine Shipping-0.67

ETFs that lowly correlated with ED

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JXXJANUS HENDERSON TRANSFORMATIONAL GROWTH ETF $36M0.57%Feb 4, 2025-0.81
QQQUDIREXION DAILY MAGNIFICENT 7 BULL 2X SHARES $102MN/AMar 6, 2024-0.80
MAGYROUNDHILL MAGNIFICENT SEVEN COVERED CALL ETF $155M0.99%Apr 22, 2025-0.80
YMAGYIELDMAX(R) MAGNIFICENT 7 FUND OF OPTION INCOME ETFS $316M1.34%Jan 29, 2024-0.79
MAGXROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF $91MN/AFeb 28, 2024-0.78
NFEBInnovator Growth100 Power Buffer ETF February$83M0.79%Jan 31, 2025-0.77
RNDFirst Trust Bloomberg R&D Leaders ETF$4.60M0.60%Apr 30, 2024-0.77
HBTAHORIZON EXPEDITION PLUS ETF $139M0.86%Jan 22, 2025-0.77
LQPEPEO AlphaQuest Thematic PE ETF$13M1.25%Jan 27, 2025-0.76
FEBUALLIANZIM U.S. EQUITY BUFFER15 UNCAPPED FEB ETF $50M0.74%Jan 31, 2025-0.76
LGDXINTECH S&P LARGE CAP DIVERSIFIED ALPHA ETF $138M0.25%Feb 27, 2025-0.75
ZFEBInnovator Equity Defined Protection ETF 1 Yr February$163M0.79%Jan 31, 2025-0.75
QDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETF$25M1.17%Feb 12, 2025-0.75
NITETHE NIGHTVIEW FUND $31M1.25%Jun 21, 2024-0.75
RILAINDEXPERTS GORILLA AGGRESSIVE GROWTH ETF $42M0.50%Dec 31, 2024-0.75
TSELTOUCHSTONE SANDS CAPITAL US SELECT GROWTH ETF $128M0.67%Dec 31, 2024-0.75
FIVYYieldMax Dorsey Wright Hybrid 5 Income ETF$5M0.70%Dec 16, 2024-0.75
FEATYieldMax Dorsey Wright Featured 5 Income ETF$11M0.93%Dec 16, 2024-0.74
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.74
QDVOCWP Growth & Income ETF$664M0.56%Aug 21, 2024-0.74
QBUFInnovator Nasdaq-100 10 Buffer ETF Quarterly$158M0.79%Jun 28, 2024-0.74
APPXTRADR 2X LONG APP DAILY ETF$140MN/AApr 24, 2025-0.74
AVLDIREXION DAILY AVGO BULL 2X SHARES $189MN/AOct 9, 2024-0.74
FFOGFranklin Focused Growth ETF$248M0.55%Apr 12, 2016-0.73
QBIGInvesco Top QQQ ETF$36M0.29%Dec 4, 2024-0.73
ONEZTRUESHARES SEASONALITY LADDERED BUFFERED ETF $141M0.96%Jan 24, 2025-0.73
ALAIALGER AI ENABLERS & ADOPTERS ETF $355M0.58%Apr 4, 2024-0.73
KQQQKurv Technology Titans Select ETF$108M0.99%Jul 22, 2024-0.73
QFLRINNOVATOR NASDAQ-100 MANAGED FLOOR ETF $506M0.89%Jan 24, 2024-0.72
TOPTiShares Top 20 U.S. Stocks ETF$582M0.20%Oct 23, 2024-0.72
AIPIREX AI EQUITY PREMIUM INCOME ETF $389M0.65%Jun 3, 2024-0.72
AGIXKRANESHARES ARTIFICIAL INTELLIGENCE AND TECHNOLOGY ETF $340M0.99%Jul 17, 2024-0.72
PQJLPGIM Nasdaq-100 Buffer 12 ETF - July$17M0.50%Dec 27, 2024-0.72
AIFDTCW ARTIFICIAL INTELLIGENCE ETF $107M0.75%Aug 31, 2017-0.72
CNEQALGER CONCENTRATED EQUITY ETF $503M0.56%Apr 4, 2024-0.72
JANUALLIANZIM U.S. EQUITY BUFFER15 UNCAPPED JAN ETF $86M0.74%Dec 31, 2024-0.72
AVGXDEFIANCE DAILY TARGET 2X LONG AVGO ETF $165MN/AAug 21, 2024-0.71
SDTYYieldMax S&P 500 0DTE Covered Call Strategy ETF$22M1.08%Feb 5, 2025-0.71
AMZPKurv Yield Premium Strategy Amazon (AMZN) ETF$23M0.99%Oct 30, 2023-0.71
GGUSGOLDMAN SACHS MARKETBETA(R) RUSSELL 1000 GROWTH EQUITY ETF $423M0.12%Nov 28, 2023-0.71
CARKCASTLEARK LARGE GROWTH ETF $309M0.54%Dec 6, 2023-0.71
FLCGFEDERATED HERMES MDT LARGE CAP GROWTH ETF $491M0.39%Jul 30, 2024-0.71
CPSYCalamos S&P 500 Structured Alt Protection ETF January$26M0.69%Jan 2, 2025-0.71
AMZZGRANITESHARES 2X LONG AMZN DAILY ETF $63MN/AMar 15, 2024-0.71
TEKYLAZARD NEXT GEN TECHNOLOGIES ETF $53M0.50%Apr 4, 2025-0.70
MAGSROUNDHILL MAGNIFICENT SEVEN ETF $4.70B0.30%Apr 10, 2023-0.70
BGROBlackRock Large Cap Growth ETF$9.40M0.55%Jun 4, 2024-0.70
QQAInvesco QQQ Income Advantage ETF$675M0.29%Jul 17, 2024-0.69
NSEPInnovator Growth-100 Power Buffer ETF - September$39M0.79%Aug 30, 2024-0.69
AGRWALLSPRING LT LARGE GROWTH ETF $106M0.35%Mar 26, 2025-0.69
NBGXNEUBERGER BERMAN GROWTH ETF $14M0.44%Dec 18, 2024-0.69
YMAXYIELDMAX(R) UNIVERSE FUND OF OPTION INCOME ETFS $390M1.33%Jan 16, 2024-0.69
GLBLPACER MSCI WORLD INDUSTRY ADVANTAGE ETF $1.10M0.65%Sep 16, 2024-0.69
QHDGInnovator Hedged Nasdaq-100 ETF$3M0.79%Aug 19, 2024-0.69
FDNDFT VEST DOW JONES INTERNET & TARGET INCOME ETF $9.60M0.75%Mar 20, 2024-0.69
HQGOHARTFORD US QUALITY GROWTH ETF $48M0.34%Dec 5, 2023-0.69
CPNSCALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - SEPTEMBER $25M0.69%Sep 3, 2024-0.69
GQINatixis Gateway Quality Income ETF$198M0.34%Dec 12, 2023-0.69
JMIDJANUS HENDERSON MID CAP GROWTH ALPHA ETF $18M0.30%Sep 17, 2024-0.68
SPBWALLIANZIM BUFFER20 ALLOCATION ETF $71M0.79%Jan 7, 2025-0.68
SPBXALLIANZIM 6 MONTH BUFFER10 ALLOCATION ETF $53M0.79%Jan 7, 2025-0.68
TSYYGRANITESHARES YIELDBOOST TSLA ETF $126M1.15%Dec 17, 2024-0.68
TQQYGRANITESHARES YIELDBOOST QQQ ETF $8.70M1.15%Feb 25, 2025-0.68
QQQPTRADR 2X LONG INNOVATION 100 QUARTERLY ETF $17MN/ASep 30, 2024-0.68
MQQQTRADR 2X LONG INNOVATION 100 MONTHLY ETF $161MN/AAug 30, 2024-0.68
QSIXPACER METARUS NASDAQ 100 DIVIDEND MULTIPLIER 600 ETF $18M0.60%Sep 23, 2024-0.68
JTEKJPMORGAN U.S. TECH LEADERS ETF $3.70B0.65%Oct 4, 2023-0.68
QTOPiShares Nasdaq Top 30 Stocks ETF$266M0.20%Oct 23, 2024-0.68
MFSGMFS ACTIVE GROWTH ETF$294M0.49%Dec 4, 2024-0.67
FETHFidelity Ethereum Fund$1.20B0.25%Jul 22, 2024-0.67
ETHWBitwise Ethereum ETF (The)$239MN/AJul 22, 2024-0.67
TETH21Shares Core Ethereum ETF$18M0.21%Jul 23, 2024-0.67
EZETFranklin Ethereum Trust$46M0.19%Jul 23, 2024-0.67
ETHAiShares Ethereum Trust (The)$7.10B0.25%Jun 24, 2024-0.67
QETHInvesco Galaxy Ethereum ETF$21M0.25%Jul 23, 2024-0.67
ETHVVanEck Ethereum ETF$115M0.20%Jun 25, 2024-0.67
LRGGMACQUARIE FOCUSED LARGE GROWTH ETF $253M0.45%May 14, 2024-0.67
QQQINEOS NASDAQ-100(R) HIGH INCOME ETF $11B0.68%Jan 29, 2024-0.67
RVERTRENCHLESS FUND ETF $123M0.66%Apr 2, 2024-0.67
SPUTInnovator Equity Premium Income Daily PutWrite ETF$14M0.79%Mar 13, 2025-0.67
ACVTADVENT CONVERTIBLE BOND ETF $31M0.65%Apr 29, 2025-0.67
TSLGLEVERAGE SHARES 2X LONG TSLA DAILY ETF $38MN/ADec 12, 2024-0.67
KSPYKRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF $94M0.88%Jul 15, 2024-0.67
SNTHMRP SYNTHEQUITY ETF $158M0.96%Mar 10, 2025-0.67
QMAGFT VEST NASDAQ-100 MODERATE BUFFER ETF - AUGUST $63M0.90%Aug 16, 2024-0.66
YETHROUNDHILL ETHER COVERED CALL STRATEGY ETF $73M0.96%Sep 3, 2024-0.66
QCOCFT Vest Nasdaq-100 Conservative Buffer ETF - October$75M0.90%Oct 18, 2024-0.66
BAIiShares A.I. Innovation and Tech Active ETF$13B0.55%Oct 21, 2024-0.66
TOPCiShares S&P 500 3 Capped ETF$26M0.09%Apr 15, 2025-0.66
QQQTDEFIANCE NASDAQ 100 INCOME TARGET ETF $41M1.20%Jun 20, 2024-0.66
BTCINEOS BITCOIN HIGH INCOME ETF $1.20B0.99%Oct 16, 2024-0.66
SPYHNEOS S&P 500(R) HEDGED EQUITY INCOME ETF $27M0.68%Apr 2, 2025-0.66
FLCCFEDERATED HERMES MDT LARGE CAP CORE ETF $116M0.29%Jul 30, 2024-0.66
INFOHarbor PanAgora Dynamic Large Cap Core ETF$772M0.35%Oct 9, 2024-0.66