Looking to balance out your exposure to CGON? The ETFs below have the lowest correlation with CGON — they tend to move on their own, which can help reduce risk when CGON drops. The stock ideas table highlights individual companies that behave independently from CGON.
Best Diversifiers for CGON
1 ETFs have low correlation with CGON (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.27 | — | — | 70 | S&P 500 | CGON vs VOO | |
| Tema Oncology ETF | 0.52 | — | — | 69 | Health & Biotech Equities | CGON vs CANC |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CGON, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGON and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| National Retail Properties, Inc. | 0.02 | — | — | 62 | Real Estate | |
| The Williams Companies, Inc. | 0.07 | — | — | 66 | Energy | |
| Energy Transfer LP | 0.08 | — | — | 69 | Energy | |
| DHT Holdings, Inc. | 0.08 | — | — | 82 | Energy | |
| Okeanis Eco Tankers Corp | 0.09 | — | — | 95 | Industrials |
See all 15 low-correlation stocks for CGON
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Diversification Analysis
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