Looking to balance out your exposure to CMPGY? The ETFs below have the lowest correlation with CMPGY — they tend to move on their own, which can help reduce risk when CMPGY drops. The stock ideas table highlights individual companies that behave independently from CMPGY.
No Diversifiers Found for CMPGY
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 CMPGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMPGY and solid risk/return profiles. The least correlated is Starbucks Corporation (SBUX) (Consumer Cyclical) with a 1Y correlation of 0.19, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Starbucks Corporation | 0.19 | 0.21 | 0.27 | 51 | Consumer Cyclical |
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