Find diversifiers
find_diversifiersFind portfolio diversifiers for a given US stock or ETF using low or negative 3-year correlation. Check asset name and type to avoid leveraged, inverse, or illiquid products.
Instructions
Assets with the lowest or most negative 3-year correlation to the given US stock or ETF, each with its name and kind so you can screen them. Raw lowest-correlation list: it can contain leveraged/inverse ETNs, volatility products and illiquid micro-caps. Check name and kind before presenting anything as a portfolio diversifier. Covers ~4,700 US-listed stocks and ETFs only (no crypto, no foreign listings, no inverse/leveraged short funds, no intraday data); figures use weekly closes and refresh once per trading day. Unknown tickers return an error: resolve them with resolve_symbol first.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| symbol | Yes | Ticker to diversify away from, e.g. QQQ |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| docs | No | ||
| name | No | ||
| page | No | ||
| as_of | Yes | ||
| terms | No | ||
| symbol | Yes | ||
| caution | No | ||
| diversifiers_3y | No |