Looking to balance out your exposure to CEPU? The ETFs below have the lowest correlation with CEPU — they tend to move on their own, which can help reduce risk when CEPU drops. The stock ideas table highlights individual companies that behave independently from CEPU.
Best Diversifiers for CEPU
4 ETFs have low correlation with CEPU (below 0.3), 0 of which are negatively correlated. The least correlated is iMGP DBi Managed Futures Strategy ETF (DBMF) (Systematic Trend) with a 1Y correlation of 0.16, up from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iMGP DBi Managed Futures Strategy ETF | 0.16 | 0.10 | 0.05 | 86 | Systematic Trend | CEPU vs DBMF | |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 0.28 | 0.29 | 0.25 | 66 | Emerging Markets Bonds | CEPU vs EMB | |
| Invesco QQQ ETF | 0.28 | 0.31 | 0.26 | 53 | Nasdaq-100 | CEPU vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.30 | 0.30 | 0.29 | 65 | S&P 500 | CEPU vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CEPU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CEPU and solid risk/return profiles. The least correlated is The Hanover Insurance Group, Inc. (THG) (Financial Services) with a 1Y correlation of -0.13, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Hanover Insurance Group, Inc. | -0.13 | 0.01 | 0.10 | 82 | Financial Services | |
| UnitedHealth Group Incorporated | -0.00 | -0.06 | 0.04 | 77 | Healthcare | |
| Horace Mann Educators Corporation | 0.02 | 0.08 | 0.13 | 83 | Financial Services | |
| International Bancshares Corporation | 0.03 | 0.14 | 0.19 | 66 | Financial Services | |
| Catalyst Pharmaceuticals, Inc. | 0.04 | 0.11 | 0.17 | 86 | Healthcare |
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