Looking to balance out your exposure to CRNX? The ETFs below have the lowest correlation with CRNX — they tend to move on their own, which can help reduce risk when CRNX drops. The stock ideas table highlights individual companies that behave independently from CRNX.
No Diversifiers Found for CRNX
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 CRNX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRNX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.02, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.02 | 0.16 | 0.17 | 50 | Financial Services | |
| Aurinia Pharmaceuticals Inc. | 0.20 | 0.31 | 0.35 | 89 | Healthcare | |
| Jazz Pharmaceuticals plc | 0.27 | 0.22 | 0.24 | 98 | Healthcare |
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