Looking to balance out your exposure to CRTO? The ETFs below have the lowest correlation with CRTO — they tend to move on their own, which can help reduce risk when CRTO drops. The stock ideas table highlights individual companies that behave independently from CRTO.
Best Diversifiers for CRTO
1 ETFs have low correlation with CRTO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.22, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.22 | 0.31 | 0.41 | 70 | S&P 500 | CRTO vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRTO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRTO and solid risk/return profiles. The least correlated is EMCOR Group, Inc. (EME) (Industrials) with a 1Y correlation of -0.02, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| EMCOR Group, Inc. | -0.02 | 0.16 | 0.24 | 83 | Industrials | |
| Enerflex Ltd. | 0.03 | 0.18 | 0.17 | 99 | Energy | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.06 | 0.19 | 0.29 | 95 | Technology | |
| Photronics, Inc. | 0.09 | 0.17 | 0.28 | 75 | Technology | |
| Pfizer Inc. | 0.11 | 0.07 | 0.05 | 61 | Healthcare |
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