Looking to diversify beyond CGW? The ETFs below have the lowest correlation with CGW — 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 CGW.
Best Diversifiers for CGW
232 ETFs have low correlation with CGW (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.23 | -0.20 | 61 | Leveraged Currency | CGW vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | CGW vs RBIL | |
| VanEck Commodity Strategy ETF | -0.19 | 0.01 | — | 55 | Commodities | CGW vs PIT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | CGW vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | -0.04 | -0.01 | 70 | Commodities | CGW vs FAAR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CGW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGW and solid risk/return profiles. The least correlated is Transocean Ltd. (RIG) (Energy) with a 1Y correlation of 0.11, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Transocean Ltd. | 0.11 | 0.26 | 0.27 | 82 | Energy | |
| Perpetua Resources Corp | 0.25 | 0.29 | 0.29 | 74 | Basic Materials | |
| Apple Inc | 0.28 | 0.28 | 0.41 | 88 | Technology | |
| Alphabet Inc. Class A | 0.29 | 0.26 | 0.41 | 96 | Communication Services | |
| Severn Trent PLC PK | 0.53 | 0.46 | 0.34 | 55 | Utilities |
Build a portfolio that complements CGW
Add CGW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CGW