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Looking to balance out your exposure to CF? The ETFs below have historically moved differently from CF, 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 CF

8 ETFs have low correlation with CF (below 0.3), 5 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of -0.23, down from 0.14 over 5 years.

How candidates are selected

See all 22 diversifiers for CF

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for CF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is United Airlines Holdings, Inc. (UAL) (Industrials) with a 1Y correlation of -0.28, down from 0.05 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
United Airlines Holdings, Inc.-0.28-0.060.05
70
Industrials
Alphabet Inc. Class A-0.28-0.040.04
95
Communication Services
Monster Beverage Corporation-0.23-0.030.02
94
Consumer Defensive
General Electric Company-0.22-0.020.08
74
Industrials
Blue Bird Corporation-0.210.030.08
84
Consumer Cyclical
See all 176 low-correlation stocks for CF

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Diversification Analysis

Build a portfolio that complements CF

Add CF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with CF