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
262 ETFs have low correlation with CGW (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.23 | -0.20 | 75 | Leveraged Currency | CGW vs YCS | |
| United States Gasoline Fund LP | -0.35 | -0.11 | 0.01 | 72 | Oil & Gas | CGW vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.26 | -0.04 | 0.08 | 51 | Commodities | CGW vs PDBC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | CGW vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | CGW vs IBIC |
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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 Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.14, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.14 | 0.10 | 0.18 | 60 | Energy | |
| Transocean Ltd. | 0.10 | 0.24 | 0.27 | 82 | Energy | |
| The Charles Schwab Corporation | 0.14 | 0.37 | 0.42 | 58 | Financial Services | |
| Perpetua Resources Corp | 0.28 | 0.29 | 0.29 | 61 | Basic Materials | |
| Apple Inc | 0.29 | 0.31 | 0.46 | 90 | Technology |
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