Looking to balance out your exposure to CRBU? The ETFs below have the lowest correlation with CRBU — they tend to move on their own, which can help reduce risk when CRBU drops. The stock ideas table highlights individual companies that behave independently from CRBU.
No Diversifiers Found for CRBU
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 CRBU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRBU and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.01, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.01 | 0.09 | 0.13 | 69 | Energy | |
| NIO Inc. | 0.13 | 0.21 | 0.31 | 67 | Consumer Cyclical | |
| Borr Drilling Ltd | 0.17 | 0.20 | 0.14 | 91 | Energy | |
| Cleveland-Cliffs Inc. | 0.25 | 0.27 | — | 72 | Basic Materials | |
| Ford Motor Company | 0.30 | 0.27 | 0.29 | 82 | Consumer Cyclical |
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