Looking to diversify beyond CCNR? The ETFs below have historically moved differently from CCNR, 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 CCNR
482 ETFs have low correlation with CCNR (below 0.3), 30 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | — | — | 51 | Cryptocurrency | CCNR vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.30 | — | — | 69 | Derivative Income | CCNR vs WNTR | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.16 | -0.06 | -0.06 | 51 | Nontraditional Bonds | CCNR vs RISR | |
| ProShares UltraShort Yen | -0.13 | -0.12 | -0.12 | 59 | Leveraged Currency | CCNR vs YCS | |
| Roundhill Weekly T-Bill ETF | -0.11 | — | — | 99 | Ultrashort Bond | CCNR vs WEEK |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CCNR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | 0.36 | — | — | 99 | Technology | |
| Seagate Technology plc | 0.37 | — | — | 99 | Technology | |
| Western Digital Corporation | 0.39 | — | — | 99 | Technology | |
| Sandisk Corporation | 0.39 | — | — | 100 | Technology | |
| Lumentum Holdings Inc. | 0.39 | — | — | 98 | Technology |
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