Looking to balance out your exposure to CPAY? The ETFs below have the lowest correlation with CPAY — they tend to move on their own, which can help reduce risk when CPAY drops. The stock ideas table highlights individual companies that behave independently from CPAY.
No Diversifiers Found for CPAY
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 CPAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CPAY and solid risk/return profiles. The least correlated is The Williams Companies, Inc. (WMB) (Energy) with a 1Y correlation of -0.05, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Williams Companies, Inc. | -0.05 | 0.21 | 0.33 | 75 | Energy | |
| Walmart Inc. | -0.04 | 0.13 | 0.21 | 70 | Consumer Defensive | |
| Elbit Systems Ltd | -0.00 | 0.07 | 0.16 | 85 | Industrials | |
| EOG Resources, Inc. | 0.01 | 0.16 | 0.28 | 58 | Energy | |
| nVent Electric plc | 0.07 | 0.27 | 0.39 | 95 | Industrials |
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