Looking to balance out your exposure to CD? The ETFs below have the lowest correlation with CD — they tend to move on their own, which can help reduce risk when CD drops. The stock ideas table highlights individual companies that behave independently from CD.
Best Diversifiers for CD
1 ETFs have low correlation with CD (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.11, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.11 | 0.11 | 0.08 | 91 | Dividend | CD vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CD and solid risk/return profiles. The least correlated is uniQure N.V. (QURE) (Healthcare) with a 1Y correlation of -0.05, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| uniQure N.V. | -0.05 | 0.05 | 0.04 | 81 | Healthcare | |
| MBX Biosciences, Inc | 0.06 | — | — | 97 | Healthcare | |
| BWX Technologies, Inc. | 0.07 | 0.10 | 0.07 | 62 | Industrials | |
| Micron Technology, Inc. | 0.09 | 0.09 | 0.11 | 99 | Technology | |
| Opendoor Technologies Inc. | 0.13 | 0.14 | 0.11 | 86 | Real Estate |
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