Looking to balance out your exposure to ENTG? The ETFs below have the lowest correlation with ENTG — they tend to move on their own, which can help reduce risk when ENTG drops. The stock ideas table highlights individual companies that behave independently from ENTG.
Best Diversifiers for ENTG
0 ETFs have low correlation with ENTG (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 0.53, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.53 | 0.62 | 0.67 | 60 | S&P 500 | ENTG vs VOO | |
| State Street SPDR S&P 500 ETF | 0.54 | 0.63 | 0.67 | 60 | S&P 500 | ENTG vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ENTG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ENTG and solid risk/return profiles. The least correlated is Fortinet, Inc. (FTNT) (Technology) with a 1Y correlation of 0.13, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fortinet, Inc. | 0.13 | 0.27 | 0.42 | 67 | Technology | |
| Merck KGaA | 0.13 | 0.16 | 0.16 | 60 | Healthcare | |
| Linde plc | 0.15 | 0.29 | 0.40 | 61 | Basic Materials | |
| Planet Labs PBC | 0.27 | 0.36 | 0.38 | 96 | Industrials | |
| Teradata Corporation | 0.27 | 0.35 | 0.45 | 70 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ENTG
Add ENTG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ENTG