Looking to balance out your exposure to C? The ETFs below have the lowest correlation with C — they tend to move on their own, which can help reduce risk when C drops. The stock ideas table highlights individual companies that behave independently from C.
Best Diversifiers for C
62 ETFs have low correlation with C (below 0.3), 19 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) (Inflation-Protected Bonds) with a 1Y correlation of -0.18, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.18 | -0.01 | 0.04 | 93 | Inflation-Protected Bonds | C vs VTIP | |
| United States Oil Fund LP | -0.17 | -0.01 | 0.13 | 66 | Oil & Gas | C vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.15 | 0.01 | 0.15 | 54 | Leveraged Commodities | C vs UCO | |
| iShares 0-5 Year TIPS Bond ETF | -0.15 | 0.00 | 0.05 | 93 | Inflation-Protected Bonds | C vs STIP | |
| Invesco DB Commodity Index Tracking Fund | -0.11 | 0.04 | 0.18 | 75 | Commodities | C vs DBC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from C, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to C and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | 0.05 | 0.18 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.18 | 0.03 | 0.09 | 53 | Utilities | |
| Nutrien Ltd. | -0.12 | 0.17 | 0.29 | 58 | Basic Materials | |
| The Coca-Cola Company | -0.11 | 0.05 | 0.16 | 66 | Consumer Defensive | |
| TotalEnergies SE | -0.11 | 0.11 | 0.20 | 90 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements C
Add C to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with C