Looking to diversify beyond CNRG? The ETFs below have the lowest correlation with CNRG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CNRG.
Best Diversifiers for CNRG
385 ETFs have low correlation with CNRG (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.21 | — | — | 95 | Inflation-Protected Bonds | CNRG vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | CNRG vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | CNRG vs RBIL | |
| First Trust Merger Arbitrage ETF | -0.14 | 0.08 | 0.12 | 59 | Long-Short | CNRG vs MARB | |
| Vanguard Ultra-Short Treasury ETF | -0.13 | — | — | 99 | Ultrashort Bond, Government Bonds | CNRG vs VGUS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CNRG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CNRG and solid risk/return profiles. The least correlated is Albemarle Corporation (ALB) (Basic Materials) with a 1Y correlation of 0.41, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Albemarle Corporation | 0.41 | 0.52 | 0.56 | 91 | Basic Materials | |
| Enlight Renewable Energy Ltd. Ordinary Shares | 0.42 | 0.36 | — | 98 | Utilities | |
| Clearway Energy, Inc. | 0.50 | 0.57 | 0.56 | 65 | Utilities | |
| QuantumScape Corporation | 0.60 | 0.63 | 0.66 | 66 | Consumer Cyclical | |
| First Solar, Inc. | 0.64 | 0.67 | 0.70 | 76 | Technology |
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