Looking to balance out your exposure to CAMT? The ETFs below have historically moved differently from CAMT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CAMT
1 ETFs have low correlation with CAMT (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Enhanced Short Maturity Active ETF (MINT) (Ultrashort Bond) with a 1Y correlation of 0.02, roughly unchanged from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Enhanced Short Maturity Active ETF | 0.02 | 0.05 | 0.09 | 100 | Ultrashort Bond | CAMT vs MINT | |
| iShares S&P 100 ETF | 0.43 | 0.46 | 0.52 | 55 | Large Cap Blend Equities | CAMT vs OEF | |
| iShares Core S&P 500 ETF | 0.50 | 0.49 | 0.54 | 67 | S&P 500 | CAMT vs IVV | |
| State Street SPDR S&P 500 ETF | 0.51 | 0.49 | 0.54 | 67 | S&P 500 | CAMT vs SPY | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.57 | 0.55 | — | 55 | Nasdaq-100, Derivative Income | CAMT vs JEPQ |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CAMT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Arch Capital Group Ltd. (ACGL) (Financial Services) with a 1Y correlation of -0.29, down from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arch Capital Group Ltd. | -0.29 | -0.09 | 0.03 | 67 | Financial Services | |
| Berkshire Hathaway Inc. | -0.17 | -0.00 | 0.14 | 61 | Financial Services | |
| Chevron Corporation | -0.13 | -0.06 | 0.05 | 80 | Energy | |
| Visa Inc. | -0.12 | 0.08 | 0.23 | 53 | Financial Services | |
| Eli Lilly and Company | -0.10 | 0.11 | 0.09 | 83 | Healthcare |
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