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Looking to diversify beyond CGGR? The ETFs below have the lowest correlation with CGGR — 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 CGGR.

Best Diversifiers for CGGR

370 ETFs have low correlation with CGGR (below 0.3), 63 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.52, roughly unchanged from -0.54 over 3 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CGGR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGGR and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.31, down from 0.10 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Chubb Limited-0.31-0.060.10
83
Financial Services
Waste Management, Inc.-0.29-0.010.12
51
Industrials
The Coca-Cola Company-0.28-0.090.09
82
Consumer Defensive
Altria Group, Inc.-0.28-0.090.03
79
Consumer Defensive
Duke Energy Corporation-0.27-0.13-0.01
63
Utilities
See all 139 low-correlation stocks for CGGR

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Diversification Analysis

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