Looking to balance out your exposure to CAE? The ETFs below have the lowest correlation with CAE — they tend to move on their own, which can help reduce risk when CAE drops. The stock ideas table highlights individual companies that behave independently from CAE.
No Diversifiers Found for CAE
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 CAE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CAE and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brookfield Renewable Corporation | 0.26 | — | — | 71 | Utilities | |
| BWX Technologies, Inc. | 0.38 | 0.35 | 0.39 | 73 | Industrials | |
| RTX Corporation | 0.43 | 0.30 | 0.39 | 75 | Industrials |
Diversification Analysis
Build a portfolio that complements CAE
Add CAE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CAE