Looking to balance out your exposure to CC? The ETFs below have the lowest correlation with CC — they tend to move on their own, which can help reduce risk when CC drops. The stock ideas table highlights individual companies that behave independently from CC.
Best Diversifiers for CC
0 ETFs have low correlation with CC (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P Dividend ETF (SDY) (Mid Cap Value Equities) with a 1Y correlation of 0.34, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Dividend ETF | 0.34 | 0.44 | 0.53 | 52 | Mid Cap Value Equities, Dividend | CC vs SDY | |
| Schwab U.S. Dividend Equity ETF | 0.36 | 0.46 | 0.55 | 91 | Dividend | CC vs SCHD | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.43 | 0.50 | 65 | S&P 500 | CC vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CC and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.05, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.05 | 0.19 | 0.36 | 53 | Financial Services | |
| Guardant Health, Inc. | 0.08 | 0.22 | 0.22 | 97 | Healthcare | |
| Exxon Mobil Corporation | 0.19 | 0.27 | 0.35 | 78 | Energy | |
| Allegheny Technologies Incorporated | 0.26 | 0.31 | 0.41 | 92 | Industrials | |
| Corteva, Inc. | 0.39 | 0.42 | 0.47 | 67 | Basic Materials |
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