Looking to balance out your exposure to CENTA? The ETFs below have the lowest correlation with CENTA — they tend to move on their own, which can help reduce risk when CENTA drops. The stock ideas table highlights individual companies that behave independently from CENTA.
No Diversifiers Found for CENTA
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 CENTA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CENTA and solid risk/return profiles. The least correlated is The Scotts Miracle-Gro Company (SMG) (Basic Materials) with a 1Y correlation of 0.48, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Scotts Miracle-Gro Company | 0.48 | 0.44 | 0.46 | 53 | Basic Materials |
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