Looking to balance out your exposure to CASH? The ETFs below have the lowest correlation with CASH — they tend to move on their own, which can help reduce risk when CASH drops. The stock ideas table highlights individual companies that behave independently from CASH.
Best Diversifiers for CASH
36 ETFs have low correlation with CASH (below 0.3), 2 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.04, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.04 | 0.01 | 0.02 | 100 | Ultrashort Bond | CASH vs SGOV | |
| iShares Treasury Floating Rate Bond ETF | -0.04 | -0.05 | -0.08 | 100 | Government Bonds, Ultrashort Bond | CASH vs TFLO | |
| iShares 0-5 Year TIPS Bond ETF | 0.00 | 0.05 | 0.07 | 91 | Inflation-Protected Bonds | CASH vs STIP | |
| iShares Global Energy ETF | 0.05 | 0.20 | 0.27 | 65 | Energy Equities | CASH vs IXC | |
| US Treasury 6 Month Bill ETF | 0.05 | 0.05 | — | 100 | Ultrashort Bond | CASH vs XBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CASH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CASH and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.02, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.02 | 0.11 | 0.14 | 96 | Healthcare | |
| The Coca-Cola Company | -0.01 | 0.06 | 0.17 | 84 | Consumer Defensive | |
| Broadcom Inc. | -0.01 | 0.13 | 0.23 | 67 | Technology | |
| Verizon Communications Inc. | 0.01 | 0.08 | 0.13 | 61 | Communication Services | |
| Eli Lilly and Company | 0.02 | 0.06 | 0.09 | 79 | Healthcare |
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