Looking to balance out your exposure to CCC? The ETFs below have the lowest correlation with CCC — they tend to move on their own, which can help reduce risk when CCC drops. The stock ideas table highlights individual companies that behave independently from CCC.
Best Diversifiers for CCC
1 ETFs have low correlation with CCC (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Vectors Investment Grade Floating Rate ETF (FLTR) (Corporate Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Vectors Investment Grade Floating Rate ETF | 0.09 | 0.11 | — | 99 | Corporate Bonds | CCC vs FLTR |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CCC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CCC and solid risk/return profiles. The least correlated is Insmed Incorporated (INSM) (Healthcare) with a 1Y correlation of -0.05, down from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Insmed Incorporated | -0.05 | 0.14 | — | 63 | Healthcare | |
| Eli Lilly and Company | -0.03 | 0.08 | — | 75 | Healthcare | |
| Kinder Morgan, Inc. | -0.00 | 0.09 | 0.16 | 66 | Energy | |
| Elbit Systems Ltd | 0.09 | 0.11 | — | 88 | Industrials | |
| Enliven Therapeutics Inc. | 0.10 | 0.12 | 0.14 | 69 | Healthcare |
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