Looking to balance out your exposure to CCI? The ETFs below have the lowest correlation with CCI — they tend to move on their own, which can help reduce risk when CCI drops. The stock ideas table highlights individual companies that behave independently from CCI.
Best Diversifiers for CCI
13 ETFs have low correlation with CCI (below 0.3), 4 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Nasdaq 100 Enhanced Options Income ETF | -0.10 | — | — | 58 | Nasdaq-100, Options Trading, Dividend | CCI vs QQQY | |
| NEOS Nasdaq-100 High Income ETF | -0.07 | — | — | 54 | Nasdaq-100, Derivative Income | CCI vs QQQI | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.07 | -0.02 | — | 64 | Nasdaq-100, Derivative Income | CCI vs JEPQ | |
| Global X NASDAQ 100 Covered Call ETF | -0.02 | 0.01 | 0.17 | 85 | Nasdaq-100, Derivative Income | CCI vs QYLD | |
| State Street SPDR S&P 500 ETF | 0.00 | 0.10 | 0.28 | 60 | S&P 500 | CCI vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CCI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CCI and solid risk/return profiles. The least correlated is Marvell Technology, Inc. (MRVL) (Technology) with a 1Y correlation of -0.19, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marvell Technology, Inc. | -0.19 | -0.12 | 0.05 | 96 | Technology | |
| Broadcom Inc. | -0.16 | -0.12 | 0.06 | 71 | Technology | |
| Credo Technology Group Holding Ltd | -0.14 | -0.14 | -0.02 | 86 | Technology | |
| ASML Holding N.V. | -0.13 | -0.07 | 0.11 | 93 | Technology | |
| BlackRock Science and Technology Trust II | -0.13 | -0.02 | 0.13 | 94 | Financial Services |
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