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 0.32, 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 | 0.32 | 0.37 | 0.43 | 90 | Emerging Markets Diversified | CFG vs FRDM | |
| Vanguard S&P 500 ETF | 0.49 | 0.49 | 0.56 | 59 | S&P 500 | CFG vs VOO | |
| iShares Core S&P 500 ETF | 0.49 | 0.49 | 0.57 | 59 | S&P 500 | CFG vs IVV | |
| Schwab U.S. Dividend Equity ETF | 0.54 | 0.61 | 0.66 | 77 | Dividend | CFG vs SCHD | |
| iShares Select Dividend ETF | 0.66 | 0.71 | 0.74 | 64 | Large Cap Value Equities, Dividend | CFG vs DVY |
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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 | 55 | Financial Services | |
| Verizon Communications Inc. | 0.03 | 0.13 | 0.20 | 66 | Communication Services | |
| Bunge Limited | 0.07 | 0.18 | 0.28 | 76 | Consumer Defensive | |
| The Williams Companies, Inc. | 0.10 | 0.30 | 0.37 | 75 | Energy | |
| ConocoPhillips Company | 0.11 | 0.22 | 0.31 | 65 | Energy |
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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