Looking to balance out your exposure to CRNC? The ETFs below have the lowest correlation with CRNC — they tend to move on their own, which can help reduce risk when CRNC drops. The stock ideas table highlights individual companies that behave independently from CRNC.
Best Diversifiers for CRNC
0 ETFs have low correlation with CRNC (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Total International Stock ETF (VXUS) (Global Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total International Stock ETF | 0.41 | 0.40 | 0.45 | 53 | Global Equities | CRNC vs VXUS | |
| State Street SPDR S&P 500 ETF | 0.51 | 0.46 | 0.50 | 59 | S&P 500 | CRNC vs SPY | |
| Vanguard S&P 500 ETF | 0.51 | 0.46 | 0.50 | 59 | S&P 500 | CRNC vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRNC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRNC and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.03, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.03 | 0.15 | 0.23 | 50 | Financial Services | |
| Tarsus Pharmaceuticals, Inc. | 0.06 | 0.17 | 0.22 | 72 | Healthcare | |
| Arcutis Biotherapeutics, Inc. | 0.19 | 0.24 | 0.24 | 82 | Healthcare | |
| Alphabet Inc. Class A | 0.23 | 0.26 | 0.35 | 95 | Communication Services | |
| Etsy, Inc. | 0.23 | 0.26 | 0.33 | 68 | Consumer Cyclical |
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