Looking to balance out your exposure to CRLBF? The ETFs below have the lowest correlation with CRLBF — they tend to move on their own, which can help reduce risk when CRLBF drops. The stock ideas table highlights individual companies that behave independently from CRLBF.
No Diversifiers Found for CRLBF
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 CRLBF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRLBF and solid risk/return profiles. The least correlated is Curaleaf Holdings, Inc. (CURLF) (Healthcare) with a 1Y correlation of 0.79, up from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Curaleaf Holdings, Inc. | 0.79 | 0.71 | 0.68 | 89 | Healthcare | |
| Trulieve Cannabis Corp | 0.86 | 0.75 | 0.71 | 75 | Healthcare |
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