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Looking to diversify beyond CGDV? The ETFs below have the lowest correlation with CGDV — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CGDV.

Best Diversifiers for CGDV

357 ETFs have low correlation with CGDV (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.11 over 5 years.


See all 2116 diversifiers for CGDV

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CGDV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGDV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.25 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.100.130.25
69
Consumer Defensive
Verizon Communications Inc.-0.070.10
59
Communication Services
Duke Energy Corporation-0.070.100.20
53
Utilities
Exxon Mobil Corporation-0.050.19
85
Energy
Chevron Corporation-0.040.180.29
83
Energy
See all 144 low-correlation stocks for CGDV

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Diversification Analysis

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