Looking to balance out your exposure to CGNT? The ETFs below have the lowest correlation with CGNT — they tend to move on their own, which can help reduce risk when CGNT drops. The stock ideas table highlights individual companies that behave independently from CGNT.
No Diversifiers Found for CGNT
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 CGNT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGNT and solid risk/return profiles. The least correlated is Vertiv Holdings Co. (VRT) (Industrials) with a 1Y correlation of 0.03, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | 0.03 | 0.21 | 0.27 | 93 | Industrials | |
| A10 Networks, Inc. | 0.38 | 0.37 | 0.31 | 91 | Technology |
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