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
50 ETFs have low correlation with C (below 0.3), 8 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 -0.16, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.16 | -0.01 | 0.03 | 83 | Inflation-Protected Bonds | C vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.12 | 0.00 | 0.05 | 85 | Inflation-Protected Bonds | C vs STIP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.10 | -0.05 | 100 | Government Bonds, Ultrashort Bond | C vs BIL | |
| Vanguard Short-Term Treasury ETF | -0.03 | -0.04 | -0.04 | 77 | Government Bonds, Short-Term Bond | C vs VGSH | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | -0.03 | -0.06 | -0.07 | 99 | Government Bonds, Ultrashort Bond | C vs XONE |
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 -0.21, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | 0.02 | 0.17 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.18 | 0.03 | 0.09 | 62 | Utilities | |
| The Coca-Cola Company | -0.15 | 0.04 | 0.15 | 74 | Consumer Defensive | |
| Cboe Global Markets, Inc. | -0.12 | -0.11 | 0.04 | 55 | Financial Services | |
| PepsiCo, Inc. | -0.12 | 0.04 | 0.09 | 61 | Consumer Defensive |
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