Looking to balance out your exposure to CPAC? The ETFs below have the lowest correlation with CPAC — they tend to move on their own, which can help reduce risk when CPAC drops. The stock ideas table highlights individual companies that behave independently from CPAC.
No Diversifiers Found for CPAC
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 CPAC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CPAC and solid risk/return profiles. The least correlated is Plains All American Pipeline, L.P. (PAA) (Energy) with a 1Y correlation of -0.04, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Plains All American Pipeline, L.P. | -0.04 | -0.02 | 0.06 | 89 | Energy |
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