Looking to diversify beyond CNRG? The ETFs below have historically moved differently from CNRG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CNRG
531 ETFs have low correlation with CNRG (below 0.3), 82 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 63 | Derivative Income | CNRG vs WNTR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.23 | 0.01 | 0.01 | 96 | Inflation-Protected Bonds | CNRG vs IBID | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | -0.17 | -0.17 | 97 | Inflation-Protected Bonds | CNRG vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | 0.01 | 0.01 | 98 | Inflation-Protected Bonds | CNRG vs IBIC | |
| Invesco DB Energy Fund | -0.16 | 0.02 | 0.09 | 53 | Oil & Gas | CNRG vs DBE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CNRG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Albemarle Corporation (ALB) (Basic Materials) with a 1Y correlation of 0.43, down from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Albemarle Corporation | 0.43 | 0.52 | 0.56 | 77 | Basic Materials | |
| Enlight Renewable Energy Ltd. Ordinary Shares | 0.48 | 0.38 | — | 98 | Utilities | |
| First Solar, Inc. | 0.66 | 0.68 | 0.70 | 62 | Technology | |
| Enphase Energy, Inc. | 0.71 | 0.71 | 0.75 | 59 | Technology |
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