Looking to balance out your exposure to CFBK? The ETFs below have the lowest correlation with CFBK — they tend to move on their own, which can help reduce risk when CFBK drops. The stock ideas table highlights individual companies that behave independently from CFBK.
No Diversifiers Found for CFBK
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CFBK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CFBK and solid risk/return profiles. The least correlated is Banco Macro S.A. (BMA) (Financial Services) with a 1Y correlation of 0.04, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Banco Macro S.A. | 0.04 | 0.07 | 0.08 | 70 | Financial Services | |
| Tesla, Inc. | 0.05 | 0.09 | 0.07 | 59 | Consumer Cyclical | |
| Brighthouse Financial, Inc. | 0.06 | 0.11 | 0.09 | 75 | Financial Services | |
| The Charles Schwab Corporation | 0.06 | 0.10 | 0.07 | 59 | Financial Services | |
| W. R. Berkley Corporation | 0.08 | 0.11 | 0.08 | 52 | Financial Services |
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