Looking to balance out your exposure to CALM? The ETFs below have the lowest correlation with CALM — they tend to move on their own, which can help reduce risk when CALM drops. The stock ideas table highlights individual companies that behave independently from CALM.
Best Diversifiers for CALM
16 ETFs have low correlation with CALM (below 0.3), 12 of which are negatively correlated. The least correlated is Vanguard Short-Term Treasury ETF (VGSH) (Government Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Treasury ETF | -0.10 | 0.00 | -0.03 | 83 | Government Bonds, Short-Term Bond | CALM vs VGSH | |
| State Street Technology Select Sector SPDR ETF | -0.09 | 0.06 | 0.10 | 83 | Technology Equities | CALM vs XLK | |
| iShares 1-3 Year Treasury Bond ETF | -0.09 | 0.03 | -0.01 | 79 | Government Bonds, Short-Term Bond | CALM vs SHY | |
| Vanguard Information Technology ETF | -0.07 | 0.08 | 0.10 | 76 | Technology Equities | CALM vs VGT | |
| YieldMax NVDA Option Income Strategy ETF | -0.06 | 0.01 | — | 52 | Derivative Income, Options Trading | CALM vs NVDY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CALM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CALM and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.22, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.22 | -0.02 | 0.00 | 85 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.17 | -0.02 | 0.03 | 95 | Technology | |
| Amphenol Corporation | -0.16 | 0.04 | 0.08 | 77 | Technology | |
| Broadcom Inc. | -0.16 | 0.01 | 0.06 | 84 | Technology | |
| MACOM Technology Solutions Holdings, Inc. | -0.13 | 0.02 | 0.06 | 96 | Technology |
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Build a portfolio that complements CALM
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