Looking to balance out your exposure to CFG? The ETFs below have the lowest correlation with CFG — they tend to move on their own, which can help reduce risk when CFG drops. The stock ideas table highlights individual companies that behave independently from CFG.
Best Diversifiers for CFG
0 ETFs have low correlation with CFG (below 0.3), 0 of which are negatively correlated. The least correlated is Freedom 100 Emerging Markets ETF (FRDM) (Emerging Markets Diversified) with a 1Y correlation of 0.31, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Freedom 100 Emerging Markets ETF | 0.31 | 0.35 | 0.43 | 86 | Emerging Markets Diversified | CFG vs FRDM | |
| iShares Core S&P 500 ETF | 0.46 | 0.48 | 0.56 | 66 | S&P 500 | CFG vs IVV | |
| Vanguard S&P 500 ETF | 0.47 | 0.48 | 0.56 | 66 | S&P 500 | CFG vs VOO | |
| State Street SPDR S&P 500 ETF | 0.47 | 0.49 | 0.56 | 66 | S&P 500 | CFG vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.50 | 0.60 | 0.66 | 86 | Dividend | CFG vs SCHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CFG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CFG and solid risk/return profiles. The least correlated is Cboe Global Markets, Inc. (CBOE) (Financial Services) with a 1Y correlation of -0.12, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.12 | -0.08 | 0.06 | 62 | Financial Services | |
| CF Industries Holdings, Inc. | -0.02 | 0.10 | 0.18 | 64 | Basic Materials | |
| Verizon Communications Inc. | -0.01 | 0.12 | 0.19 | 57 | Communication Services | |
| ConocoPhillips Company | 0.05 | 0.21 | 0.30 | 66 | Energy | |
| Bunge Limited | 0.06 | 0.17 | 0.28 | 89 | Consumer Defensive |
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Build a portfolio that complements CFG
Add CFG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CFG