Looking to balance out your exposure to CDLR? The ETFs below have the lowest correlation with CDLR — they tend to move on their own, which can help reduce risk when CDLR drops. The stock ideas table highlights individual companies that behave independently from CDLR.
No Diversifiers Found for CDLR
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 CDLR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CDLR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NextEra Energy, Inc. | 0.01 | — | — | 73 | Utilities | |
| Green Plains Inc. | 0.07 | — | — | 89 | Basic Materials | |
| REX American Resources Corporation | 0.10 | 0.15 | 0.15 | 92 | Basic Materials | |
| The Andersons, Inc. | 0.11 | — | — | 96 | Consumer Defensive | |
| Babcock & Wilcox Enterprises, Inc. | 0.13 | 0.16 | 0.16 | 98 | Industrials |
See all 18 low-correlation stocks for CDLR
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Diversification Analysis
Build a portfolio that complements CDLR
Add CDLR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CDLR